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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PaulM who wrote (3026)	11/11/1997 6:45:00 AM
From: Bobby Yellin	Read Replies (3) \| Respond to of 116834

there are a ton of threads that discuss individual juniors and Brad who runs SI said that he will create a "clubhouse" along side of this link to discuss juniors when people want to.. spoke with a friend this weekend and was hoping he would post here.. in essence ..hope I got it right..he said the governments at all costs would prevent ultimate deflation because people would lose faith in currencies and banks would collapse..(sounds a little familiar?) As somebody wisely has said along with a lot of others who wisely said..if you are going to dump something on the market you don't do it before hand but afterwards.geez I wish the Swiss were a little more intelligent..either they are total morons and are letting the world know something they shouldn't..or else they are total imbeciles to think that they can fool the people in the know or else the central bankers are desperate to keep gold down or else the Swiss are really buying good and trying to trick some people..maybe I am the moron and missed something else..help If the Canadians sell their gold does it really matter since they have so much gold in Canada..they can always wind up subsidizing some of these juniors and get back all the gold they sold and more through mining? wonder if that would apply to Australia also..but the Swiss...give me a break....(help..where is my logic off?) ALSO at least in my region of the country real estate has gone skyhigh,probably higher than in the bubble of the eighties..I think it has to be a double top...it has gone parabolic..thanks to profits from wall street and low interest rates...people really need 2 big salaries just to pay for a roof over their head..and renters will probably continue to get harrassed since landlords can make bonanzas if they remodel and relet..probably at least three or four hundred or more percentage raises.. but of course we are not experiencing any inflation.. I vote both ..inflation and deflation..(all those fixed income victims)(heard on Bloomberg news something about the average restaurant meal in NYC is about 30 per person and almost 70 for the top few restaurants..)(also Christie's just had record sales on its impressionist auction...) all that doesn't point to inflation?

To: PaulM who wrote (3026)	11/11/1997 8:40:00 AM
From: Elvis Jones	Read Replies (1) \| Respond to of 116834

I don't know if I posted this before, but... I remember early last year when gold was around $400/oz and the sentiment was talking $500. Now, gold is $310/oz and the sentiment is talking $250-285/oz depending on the story. That reason alone is very bullish for the price of gold in the future, IMO. Again IMO, we are closer to a low price than a high price over the next 1-2 years. Happily Bullish Gold, Duke

To: PaulM who wrote (3026)	11/11/1997 10:52:00 AM
From: Bill Ounce	Respond to of 116834

Y2K may affect gold prices (techweb article) techweb.com excerpt: Don't know about you," my friend said, laughing nervously, "but I'm putting everything into gold." My friend, a senior executive for one of the world's largest software companies, wasn't worried about the recent stock market crash and rebound cycle. To him, that was small potatoes. "By next May," he said, "people will really start seeing the effects, and the price of gold will go up." In fact, it wasn't so much the stock market as the world economy that had my friend worried. Instead, he was concerned that the end of the millennium would cause irreparable harm to the world economy-so great that only a position in gold would offset it.

To: PaulM who wrote (3026)	11/11/1997 5:30:00 PM
From: Richnorth	Read Replies (2) \| Respond to of 116834

Hi Paul, Regarding gold going below $300, Peter Grandich, speaking at the gold show in Anaheim about two weeks ago said that it was possible for gold to go to ~$280. He thought if gold went below $300, it could start rebounding upward from there soon. Richnorth