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


To: philv who wrote (7204)2/3/1998 9:24:00 PM
From: Alex  Read Replies (2) | Respond to of 116764
 
Hi philv. This is just IMHO,but I have read most everything out there that there is to read on W.B. and C.M.. They are not fools. This lends a lot of credibility to PM's. It also casts a large shadow on all the paper being printed and adored. This could be the shot head around the world.



To: philv who wrote (7204)2/3/1998 10:56:00 PM
From: Terry Rose  Read Replies (1) | Respond to of 116764
 
philv:

I look at this temporary pull back as an opportunity to buy certain gold stocks, although most of my positions stayed about the same as yesterday. I don't know about you, but I am starting to feel encouraged for the first time in about a year and a half.

Charles von Arentschildt the head bullion trader for Deutshe Morgan Grenfell, one of the central bank community's leading bullion bankers, predicted on January 20 that we were within 10% of the bottom in the price of gold. He also predicted that the EMU would have a minimum of 10% gold level backing their reserves, and that at that level there would be a powerful rally when it was announced. Excerpt from recent copy of the Gold Newsletter.

Terry,