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Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?


To: silver bug who wrote (358)5/7/1999 10:32:00 AM
From: Winzer  Respond to of 672
 
I am inclined not to take this sale too seriously. All this market manipulation of gold will run out of steam sooner or later. I just follow the SI Gold Price Monitor where it is all put into perspective there for us.

Subject 15208

When a major gold producer like Canada (an now the UK) parrots American policy on gold I suspect that they are all lined up behind the US as part of a war axis or something like it. However, it represents an excellent buying opportunity in some of the golds that have taken off recently (and are sure to correct).

Go GATA will do well by keeping its focus on the source of the problem in the US. The gold plays I hold are well below the POG so it will have to go back to the sub $100/oz before I get concerned. Silver, I believe will move to commercial requirement, and India jewellery demand so I don't think that it will piggy back gold.

Winzer