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

To: goldsnow who wrote (4053)12/9/1997 8:40:00 PM
From: Jose Kranz  Read Replies (5) | Respond to of 116815
 
To everybody following "GOLD"
I have been following this thread for a while and I have a question.
All the CB'S around the world are selling their GOLD.Why don't all the major gold producers in the world shut down all their mines i.e. no more gold being brought up.Can anybody venture to forecast what would happen in that scenario.



To: goldsnow who wrote (4053)12/9/1997 9:56:00 PM
From: lightning  Read Replies (1) | Respond to of 116815
 
Dear Goldsnow, He thought that gold had very little down side left and that it would be very risky to be selling at this level(short or long).He stated that what the gold market was waiting for was a vote of confidence from a CB or a Soros to turn the market back to the $320 level.

yours
lightning


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