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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: Bexar who wrote (249)12/17/1997 9:49:00 AM
From: Zardoz  Read Replies (1) | Respond to of 3558
 
quotes.reuters.com

Gold is going up primaily of Munks trip to Europe. Try to find his comments where he suggests that if the BANKS limite themself to 10M oz/yr that the price should appreciate to $340 {might be wrong price}
Assuming that the BANKERS don't listen, or meet with him {usually}, than expect gold to go back down...

PS: Gold is a buy even at today price. ABX is the best buy, since FCX cut dividends....

Message 2986064

Beware that options expire this week!



To: Bexar who wrote (249)12/17/1997 4:12:00 PM
From: Greg R  Read Replies (1) | Respond to of 3558
 
Sorry Bexar - By now you know the news is good ....... for now. eom