Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: goldsnow who wrote (23909)	12/6/1998 9:22:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 116762

"PDG 40-70% up depending on a week though" What you are really suggesting is that PDG, has a potential to fall 28-41% should gold decrease. Hey it's your money. Take the word of the CEO of PDG, or make up your own decisions. I've made mine...

To: goldsnow who wrote (23909)	12/7/1998 9:43:00 AM
From: Alex	Read Replies (1) \| Respond to of 116762

US prepares for nuclear showdown as Pyongyang talks war By JOHN LARKIN in Seoul Washington's point-man on North Korea, Dr William Perry, has met senior South Korean officials to discuss a looming nuclear showdown with North Korea amid signs the United States is hardening its position against the rogue state. Dr Perry, a former defence secretary, has been sent to Seoul, Tokyo and Beijing to gather information for a review of US policy toward North Korea, just as the latest nuclear stalemate threatens to escalate into a full-blown crisis. The New York Times on Sunday quoted senior US officials threatening to walk away from the 1994 Geneva Agreed Framework over Pyongyang's refusal to allow free inspections of an underground construction site that Washington suspects houses nuclear hardware in violation of the accord. North Korean officials described the warning as virtually a declaration of war, the newspaper said. Late last week North Korea's vice-defence minister threatened to annihilate the US in battle. Late last month US intelligence officials leaked a detailed war plan against the communist North - a further sign Washington is losing patience and is considering a military strike. Dr Perry met South Korea's President, Mr Kim Dae-jung, and Foreign Minister, Mr Hong Soon-young, to explain why Washington was pushing so hard for an inspection of the facility at Kumchang-ri, which Pyongyang insists is non-military. News reports said Mr Hong backed the US demand, but also stressed the importance of preserving Seoul's policy of engaging the North. Seoul is believed to be worried that Washington's unforgiving posture could bring on a nuclear crisis which would hurt its attempts to revive its recession-plagued economy. Crisis talks this month between US and North Korean officials in Washington and New York have so far failed to find middle ground. Washington has rebuffed North Korea's demand for $US300 million ($493 million) to inspect the suspect site. The Agreed Framework froze Pyongyang's nuclear weapons program in exchange for two modern reactors and fuel supplies. Unlike the Soviet-era reactor sealed by the pact, the new plants would be capable of producing only small amounts of weapons-grade plutonium. But Pyongyang is believed to have already processed enough plutonium for two atomic bombs, and has threatened repeatedly to resume reprocessing. This and additional concerns that Pyongyang is preparing another ballistic missile test persuaded the US Congress to slap a June deadline on efforts to bring North Korea to heel. Funding for parts of the accord could be withdrawn if it is not met. smh.com.au