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


To: Oak Tree who wrote (23700)12/1/1998 8:13:00 PM
From: Gabriela Neri  Respond to of 116762
 
Now we know you are able to play Simon Sez. Any other hat tricks?



To: Oak Tree who wrote (23700)12/1/1998 10:21:00 PM
From: Enigma  Read Replies (1) | Respond to of 116762
 
O. don't know the reason - came back a bit today, though. I don't think many, if any, currencies are gold backed, but the ECB will have 15 % of its reserves in gold. e



To: Oak Tree who wrote (23700)12/2/1998 1:42:00 AM
From: Jim Ilchyshn  Read Replies (1) | Respond to of 116762
 
Or gold could be off $4 Monday because

(5) There is some more bad news to come out (Brazilian or Venezuelan default?) because it seem any time in the last year that some economic disaster was announced (Russian default, Indonesian collapse, Japanese banking failures etc.) there was a concerted effort to drive the price down before hand so that there was a perception that there was safety in the U.S. Dollar and that Gold just isn't performing like it should.

- Well the emperor is just about to be naked as a jay bird as world wide gold sales are rising fast. Ask anyone living in a collapsing economy how gold has performed in relative terms to their local currency.

- Jim.



To: Oak Tree who wrote (23700)12/2/1998 7:59:00 AM
From: long-gone  Respond to of 116762
 
Oak Tree,
You stated " oil and most other commodities" are at near all time lows". This is less than true. Gold has had a near 6.5% move from (recent)bottom, and over 12% for silver.