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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (6530)	8/5/1998 2:07:00 AM
From: Wizzer	Read Replies (2) \| Respond to of 11676

I think that the price of gold (in US$) is about to change. Go up for a change When markets start to go down, as I'm sure you are aware, there begins to be a large movement out of stocks into other investment vehicles. Currently, approximately one billion dollars a day is moving out of the stock market into bonds. I'm sure there is a lot of money moving into gold also. I feel if this downward trend and instability in the market continues, coupled with other market fears, we will see a healthy price for gold in the coming months.

To: Elizabeth Andrews who wrote (6530)	8/5/1998 12:12:00 PM
From: John Paquet	Respond to of 11676

Elizabeth: Are there reasons that make you think that gold price is going to turn around and goes higher??? Asia flu, deflation, mighty strong U.S. dollars, ECB gold reserves,Hong Kong and China currency under pressure, U.S. GDP this quarter estimate is 1.5 far below consensus estimate, no inflation is expected in the horizon,crude oil @13.50; CRB hit 7 years low @205, the only sign may be shown is that Dow crashed yesterday down nearly 300 points, I hope this down turn of DOW will continue and hope that also will effect U.S. confidence on U.S. dollar, then gold might have a chance to go that above $$300. Or else, I see lots working capitals sit in the prison cells of VSE, ASE or TSE or else some one takes the loss for negative returns.