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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?


To: Char who wrote (5899)10/6/1998 9:38:00 PM
From: SnakeInATuxedo  Read Replies (1) | Respond to of 11603
 
Loaning out their gold in the form of derivatives has been the easiest game in town for central banks for the past 3 or 4 years now. And, as always happens with "... easiest game(s) in town" they've become addicted to the game and way overextended themselves playing it. So, we now have a golden house of cards ready to collapse at the first sign of a breeze. Who's afraid of the Big [ hufff... ] Bad [ pufff... ] Wolf!??

$^)



To: Char who wrote (5899)10/6/1998 10:00:00 PM
From: go4it  Respond to of 11603
 
David,

I hope they're right. That is why I hang around the gold markets. I have a hard time beliving it personally but I sure hope that I am wrong because I would gain a lot if it were true.