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

To: Zardoz who wrote (28397)	2/16/1999 12:21:00 PM
From: Paunch	Read Replies (4) \| Respond to of 116764

Hutch Has anyone out there heard of the large gold find under the sea near Japan. I heard this morning that Japan had discovered a very large area of gold off shore. This might account for the drop in the price of gold this morning. Paunch

To: Zardoz who wrote (28397)	2/16/1999 12:46:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

<<Today your answer has placed the first block of understanding onto the foundation of economics that move the POG. Someday you may see that their is only an upward bias that the USA government places on GOLD.>> Don't you suspect some(maybe greater than most guess at) weakness in US dollar when(real)euro currency starts to circulate? I was right about the US long bond falling when the Euro debt was issued(though I'd guess it ain't all in there yet). I can't help but continue to say there has been "some" manipulation when all the big brokerage houses & banks were telling their clients to "put nothing in metals" while the houses were short metals via LTCM. I may have been wrong about the total negative impact of this "manipulation", but, if even 1/2of a % of the total market were in metals or metal related issues, the price would be much much higher(IMHO). Back in the $300 range? But on this, we can "agree to disagree".