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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (2924)	12/11/1998 10:38:00 PM
From: Bill Jackson	Respond to of 4066

Doug, Ever hear of a line voltage regulator? for 120 volt lines? What ever the real line voltage is your plug sees 120 volts. It goes to 150 to 250 and it works OK, but what happens as the voltage drops below 120? to 80 to 60 to 40.....? The regulator must take more and more current at lower and lower voltages to trasform it into 120 volts. As you get near zero volts your current goes infinite. This is an analog of a short squeeze, there are no volts and the system fails. This phantom gold has to circulate in ever higher amounts as the distortions increase. All it takes is for true demand to grow and the price will leap as you cannot make a ring or fill a tooth with this paper gold. When Japan and Asia recover demand will explode. Japan has started and we are near an inflection point and that is why all majors are snapping up the juniors. Bill