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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (678)	9/2/1998 6:36:00 PM
From: Keith Monahan	Respond to of 3558

ABX coverage initiated by Merrill Lynch today - NT/LT accumulate. Perhaps a jump tomorrow to fill that gap at 15 1/4?

To: keith massey who wrote (678)	9/3/1998 12:36:00 AM
From: The Fix	Read Replies (2) \| Respond to of 3558

Hello Keith, I'm a true Goldbug at Heart. I still think that Gold will have a major place in the One world currency system that will eventually come. I think that what we are seeing here is a classic sucker rally in the POG. You bring up a great concern about forward sales.....What will happen when these contracts run out? Will ABX shut every mine down until the laws of supply and demand get in tune? Soros is running around and devaluing currencies like theres no tomorrow. The domino effect has just started in Europe. The hedge fund managers are just grinning from ear to ear. ABX is a great daytraders dream. fIXER