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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: SOROS who wrote (12816)	9/4/1998 5:36:00 PM
From: CIMA	Read Replies (2) \| Respond to of 34075

Gold Bug from Raging Bull sent the following private E-mail this afternoon (posted with his permission): Guys, > > Just got off the phone with Guy Murrel. He told me that the NEWMONT > rumour IS FALSE. There is no offer on the table according to him. TT > > is still in Bolivia, and working on the financials. I didn't ask when > > they would be done. Looks like everyone is waiting for the BD report. > > Miles Another denial. Any comment Multimedia? I'd like to know who's attending the alleged Denver meetings on Golden Eagle's behalf. TT is still in Bolivia and one would think he's rather important in the scheme of things from GE's side.

To: SOROS who wrote (12816)	9/4/1998 9:42:00 PM
From: luckyjack	Respond to of 34075

to any one interested!!! REASON TO BUY GOLD-A number of analysts frequently are quoted by one media source or another exclaiming that "there is no reason to buy gold". Other than the fact that any strongly undervalued financial asset is almost always worth purchasing in expectation of an eventual regression to the mean, the current world financial situation virtually guarantees that gold will increase in value. With one currency after another collapsing around the world, the U.S. trade deficit is ballooning as U.S. goods become less competitive in countries where the local currency has fallen, while those country's goods become more competitive in the U.S. The U.S. is attempting to rectify this severe imbalance by periodically selling dollars and buying other countries' currencies, but this is a band-aid approach to a major structural problem and cannot be successful over the long run. The only way that the U.S. dollar can be set on the path of a sustained decline is for the U.S. stock market to drop, thereby causing outside investment in U.S. assets to slow naturally and thus triggering a fall in the dollar to regain its equilibrium in relation to the rest of the world's currencies. Therefore, the U.S. will realize that it is in the long-term best interest of the economy to have the stock market drop and will artifically induce such a situation intentionally or not (as happened in 1981/1982 and 1987), or a critical mass of investors will conclude consciously or subconsciously that the trade gap implies lower share prices and/or a domestic recession, and will push stock prices lower as a result of their selling into a buying vacuum caused by a virtually fully invested public, as is currently occurring. The dollar value of commodities will inevitably rise as the U.S. currency falls, thus pushing up the values of precious metals, especially gold, which is a proxy for all commodities. interseting link investor1.com