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


To: Ironyman who wrote (5081)1/2/1998 5:04:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116762
 
I agree with that gold is real money and history will repeat itself..
but I think speculative money in the Canadian juniors is going to
go in diamond exploration plays while the price of gold is so depressed and might go even lower.
I have been told repeatedly that Debeers has enough diamonds to flood
the whole market but they prefer to keep the prices high.
bobby



To: Ironyman who wrote (5081)1/2/1998 11:03:00 AM
From: RagTimeBand  Read Replies (1) | Respond to of 116762
 
Eric

>>Bobby,,,Debeers is no longer going to back certain goods. This means that diamonds of smaller size and low quality will fall in price.<<

I'd appreciate it if you'd tell me where you got that information.

Thanks - Emory