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

To: PaulM who wrote (3922)	12/7/1997 2:33:00 PM
From: philv	Read Replies (1) \| Respond to of 116814

Paul: It is interesting that apparently the countries who favour gold the most seem to be those who can afford it the least. India, China, S.E. Asia. If these folks are finding gold a bargain, it may say something about the POG? Regardless of any "manipulation", eventually supply and demand rules. Eventually. Phil

To: PaulM who wrote (3922)	12/7/1997 11:02:00 PM
From: yard_man	Respond to of 116814

Agreed. You hit the nail on the head. It's funny I've worked at a lot of jobs where there were people who didn't do a flippin' thing, but nobody would fire them. Right now I'm a state employee with an office that has about 8 technical people. 3 people who wouldn't produce have been fired in the few years I've been here. I feel good about that. I have a lot of freedom in my job and I like to work. It should be the same everywhere. Bad performance shouldn't be covered up. I guess there has to be some "guarantees" for banks. They are only as good however as the confidence placed in them, but that's been discussed already ad nauseum here. BTW. I'm currently long the Malaysian indices and down +25% and holding, but that's not near as bad as my investment in gold stocks. I've been cut in half there. Please tell me when gold has bottomed. I've simply got to buy a few more gold stocks @ that point. ;-)