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

To: Broken_Clock who wrote (29389)	3/4/1999 9:07:00 PM
From: goldsnow	Respond to of 116906

Dollar is rising, bonds are rising, stock market is rising, oil and gold are rising...something got to give big after inflationary report tomorrow..

To: Broken_Clock who wrote (29389)	3/5/1999 12:21:00 AM
From: whiskeyjack	Respond to of 116906

Hi Papaya; I too have noticed about a 65k ounces/day reduction over the last 3 of 4 days. 10 more days of that volume and there is nothing left. At what point does the reduction create a spot price surge? cheers, wj

To: Broken_Clock who wrote (29389)	3/5/1999 12:55:00 AM
From: IngotWeTrust	Respond to of 116906

Hi, PK...I've maintained for almost 2 yrs now that the next big global gold buyers, withOUT 'doubt 1' in my mind, would be the Asians CBs. Now, Bretton Woods Currency Accord didn't take into account the Y2K prob in its planning back in the 40s, mainly because mainframes weren't cobbled into existance back then...but the plan for the Asian Monetary unit is spelled out there as plain as the nose on Durante's puss, may he rest in peace. So what do I make of the Au offtake? I'd be more impressed if it was occuring in London than in New York frankly. The markets don't come any more crooked than the NY Comex IMNSHO! The last time we saw anything like a mini-raid on New York whse stocks, the game silver, and the Buffetts were busy. But Alan's watching this goldmarket like a hawk, so unless he's expecting a refund and is personally doing his Christmas shopping for gold bars early this year, I think it is Asian led CBs, and in DROVES! Thanks for writing.