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

To: goldsnow who wrote (4642)	12/22/1997 8:25:00 PM
From: Tom Byron	Read Replies (1) \| Respond to of 116752

Yahoo news indicates that the Australian Gold sector is up 7%. Plutonic Resources up 58% on takeover news.

To: goldsnow who wrote (4642)	12/22/1997 8:31:00 PM
From: PaulM	Read Replies (3) \| Respond to of 116752

Goldnow that's the essence of it. That's why I don't care wether gold goes up or down in the short run. The lower it goes, the more opportunity to accumulate. I'm 100% convinced that that--whether we are headed for deflation, inflation, hyper-inflation, recession, whatever--people will soon be looking for ASSETS THAT DON'T DEPEND ON SOMEONE ELSE'S PROMISE. Just yesterday Moody's downgraded the sovereing debt of S. Korea to junk status. Given that the value S. Korean stocks, S. Korean bonds and the S. Korean won are all directly or indirectly a function of S. Korea's credit worthiness, where do S. Korean's put their life savings? Real estate you can live in, but its not very liquid. Consumer good are worth less the moment you buy them. Food and other perishables--well--perish......quite the dilemma It's at times like these that people who don't understand "what gold is for" learn quickly. Gold "no longer a store of value?" Well, the only way to test that hypethesis is to watch lots of people looking for a store of value. We haven't seen that for 15 years. Soon, we will.

To: goldsnow who wrote (4642)	12/22/1997 8:46:00 PM
From: goldsnow	Respond to of 116752

TOKYO, Dec 23 (Reuters) - The Tokyo stock market will be closed on Tuesday for a national holiday. It will reopen on Wednesday. Possibly, not too good of a Christmas for USA trades

To: goldsnow who wrote (4642)	12/23/1997 6:52:00 AM
From: Bobby Yellin	Respond to of 116752

I fail.. I thought and thought and thought and came up with little conviction ..the market will continue with small caps catching up and a blow off before the year 2000..too much money out there for the party to be over.(who knows the big caps might keep going up since everybody will assume those will be the only businesses to survive after all the firesales...massive international conglomerates ruling the entire world...(or has that already happened?) -any thoughts about military action this year against Sadaam..if so..what would it accomplish?

To: goldsnow who wrote (4642)	1/3/1998 7:40:00 PM
From: Ronald P. Margraf Sr.	Respond to of 116752

Hi Goldsnow, I think the only concerns that the west has about the East is that they have lent them boo-koo bucks. The pressure is going to come from the banks that have fronted them the money. Otherwise the West could care less. The one thing to remember here is not the principal but the interest. Thats where the real money is. They could care less if they ever pay off as long as they pay the interest. How do you think we keep them 3rd world countries.;-) Ron