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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Jagow who wrote (23238)	10/26/1997 1:40:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 35569

Bob: How can someone be bullish on a commodiy that has just broken its ten year low and all trend lines? I have a lot of respect for Dines, but if gold were to be the store of last resort it used to be the price in I ndia would not be falling amidst the strongest seasonal demand in that country. Hong Kong money would have perked up gold all last week, and all over the pacific rim we would have seen that flight. Instead we are seing flight to US debt. I do not see gold above 330 for at least six month now. Apart of that I do not think that IPMCF , at this time will trade with gold, it will trade on the faith or lack therefof that they can pull this deposit into a producing mine. Zeev