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: John Hunt who wrote (27961)	2/10/1999 7:36:00 AM
From: lorne	Read Replies (2) \| Respond to of 116753

New York--Feb 9--Canada's Barrick Gold Corp said today that while it has long-term optimism about gold, it has little idea about where the gold price is going and plans to continue a strong hedging policy that protects the gold miner against downward moves in the market. The company also said that central banks will "act in their own sovereign interest" when it comes to gold sales, but added that their "sensitivity" to the impact of their actions has improved dramatically over the past year or 2. By Darcy Keith, Bridge News, Story .25456 London--Feb 9--Deutsche Bank today forecast gold prices to average US $290 per ounce in 1999 and $300 in 2000. The group's 1999 Metals Outlook revealed that gold averaged $294 in 1998--the lowest level in real terms since the gold market was liberalized in 1968. Bridge News, Story .21564 crbindex.com