Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: IngotWeTrust who wrote (11007)	4/30/1998 10:26:00 AM
From: long-gone	Respond to of 116944

Well, it is starting to happen, OR SHOULD BE. One of the miners I own reported an earnings(loss)upside surprise of $.06. If one of the internet stocks had beat their loss estimates by even $.01 CNBC,Fox ... would have reported it. This .07 improvement would have driven a Big stock move. Oh yes, while I was wrong, my direction call was correct(& my earnings surprise call). And the reason was also correct. Better silver prices. It is a gold miner. Don't you hate it when reporters make the news vs just reporting? rh

To: IngotWeTrust who wrote (11007)	4/30/1998 11:07:00 AM
From: philv	Read Replies (3) \| Respond to of 116944

O/49r: I know of someone who this week bought a "used" vehicle, a pick-up truck. They wanted $1,000 down on the $14,000 deal. This guy didn't have the money so they gave him the loan anyway for the full amount. I can remember when the standard used to be 30% down to protect the bank's position and for other reasons. There is a lot of money around looking for a home. A lot of money going to the equities. Wish some was going to gold! I read recently that Canada's government pension plan will begin to invest in the Canadian equity markets for greater returns. Can't recall the exact figure, but it will eventually amount to about 3 billion dollars/year. The article also stated that the US is moving in the same direction with their OAS. Perhaps someone can post the exact figures. They commented that this investment in the stock market wouldn't affect the market unduly as it represents a small fraction of the total. Lots of paper money looking for a home, looking for a return. Phil

To: IngotWeTrust who wrote (11007)	5/1/1998 9:02:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116944

NEWS ANALYSIS The President: Has Clinton Reached His Pique? By Dan Balz Washington Post Staff Writer Friday, May 1, 1998; Page A17 President Clinton has demonstrated a mastery of the news conference over the years, and there were flashes of that deft and above-the-fray Clinton on display in the East Room yesterday. But there was another Clinton there as well, one who has seen his presidency consumed by controversy and is now determined to settle scores with his accusers. Clinton offered no new information about his relationship with former White House aide Monica S. Lewinsky and said he would not respond in kind to the sharp attacks by congressional Republicans this week. He said he was "absolutely" comfortable in his silence, despite having said long ago he wanted to give the American people a full explanation of events. That has been part of his strategy from the beginning. But what was clear yesterday was a growing irritation with independent counsel Kenneth W. Starr and greater willingness to fire back at his accusers and cast himself as a victim. Clinton's aides debated for several weeks whether the president should hold a news conference, his first solo venture of the year. Ironically, he ended up facing the press on the day after it was reported that a federal judge had rejected Lewinsky's claim of immunity in exchange for testimony about her relationship with the president and just hours before Starr's grand jury issued a new indictment of Clinton's friend and former Justice Department official, Webster L. Hubbell. Clinton sought the high road, as he often has done in similar circumstances. He had a smile on his face as he entered the East Room and repeated his determination not to let scandal distract him from the business of the country. More than three months ago he said he never had a sexual relationship with Lewinsky and he ventured no further into the details of that yesterday. Reporters persisted even so. The questions were a reminder of the near-permanent cloud that hangs over his presidency and the toll the long-running battle has taken on him. He tried to turn a question about the effect of criticism on his moral authority as president back on his accusers. Those critics, he said, may try to damage his reputation but can do nothing to affect his character. "If I were to answer them in kind, it would be more of a reflection on my character than on their reputation," he said. But toward the end of the news conference, the pent-up frustration came rushing forth when he delivered perhaps the clearest statement of his presidency that he believes he has been the victim of a political campaign to deny his right to govern. Asked why polls show his job approval rating still high but his personal reputation badly tainted, he responded with bitterness: "It's obvious, I think, to the American people, that this has been a hard, well-financed, vigorous effort over a long period of time by people who could not contest the ideas that I brought to the table, couldn't even contest the values behind the ideas that I brought to the table, and certainly can't quarrel with the consequences and the results of my service and, therefore, personal attack seems legitimate." He offered a much different kind of response in February during a joint news conference with British Prime Minister Tony Blair. Asked then whether he agreed with Hillary Rodham Clinton's assertion that they were victims of a "vast right-wing conspiracy," Clinton said, "Now, you know, I've known her for a long time, the first lady. And she's very smart. And she's hardly ever wrong about anything. But I don't believe I should amplify on her observation in this case." The audience of journalists and White House staff responded with laughter. In other ways too yesterday's performance reflected a different Clinton from the one who shared the stage with his friend Blair in February. Buttressed by a ringing defense from Blair, Clinton glided past a series of hostile questions. Starting slowly, he warmed to the combat with reporters with humor, sarcasm and a mastery of the details of policy and issues. Yesterday, as he was hit with questions about his personal reputation and his moral authority and his claim of executive privilege and the motivation of his accusers, his irritation grew more apparent as time passed. "If there's one person in the world I'm not responsible for, it's Mr. Starr," Clinton said, when asked whether he feels personal responsibility for the fact that many friends and aides have mounting legal bills because of the investigations. He added, "I don't think there's any American who believes I'm responsible for that." At another point he declined to comment on whether presidential assistant Sidney Blumenthal was out of bounds in recently labeling one of Starr's deputies, W. Hickman Ewing Jr., a religious fanatic. "I don't have any comment about that," Clinton began, but by the time he finished he left the clear impression that he had no disagreement with Blumenthal's characterization of Ewing. Was all of this the result of the cumulative toll the Starr investigation has taken? Was it presidential pique at seeing his wife forced to go through another long interview by Starr and his deputies at the White House last Saturday? Was it something else? Aides offered no full explanation. Whatever the reason, yesterday's news conference underscored how much Clinton's presidency is now shaped by controversy. The usually loquacious president still has the ability to dissect the issues on the public agenda, but in other ways controversy has cost him his voice. The president's defenders lay blame for that on Starr and the "right-wing conspiracy"; his critics say he has only himself to blame. But the toll on his presidency was in evidence yesterday and there seems to be nothing on the horizon likely to change that reality as long as he is in office.