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

To: PaulM who wrote (6687)	1/24/1998 7:38:00 PM
From: Ironyman	Read Replies (1) \| Respond to of 116762

My feeling is that the price of gold had been going downward due to FACT that it has become less expensive to produce. The big players were able to see that technology has made it possiable to process complex ores. ...Hence everyone sold forward, shorted ,and borrowed to sell short. Now here we are and only a few of these new age gold producers are in production! .....The people who shake the tail of this market know that there is a problem with production , yet those new sorces who will come on line in the next two years will be doing it around $180.00 per once total corporate cost. ( ie South America, Southwest US, and exotic lands). The demand due to currency problems is only now starting. ...Gold will give us a roller coaster ride in such an extreme way that Soy Beans will look to be stable place to be.