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

To: Zardoz who wrote (34366)	5/22/1999 7:44:00 PM
From: teevee	Read Replies (2) \| Respond to of 116764

At under $200.00 per ounce, should be just about the time the gold bugs "throw in the towel"....and that is when I just might go long:-)) regards, teevee

To: Zardoz who wrote (34366)	5/22/1999 8:49:00 PM
From: Investor-ex!	Read Replies (1) \| Respond to of 116764

The price of gold is bounded by its cost of extraction on one end and the viability of the global debt-based monetary system on the other. As I've suggested before, if there comes to pass even the merest hint that the Y2k rollover will cause undue stress to the monetary system and/or widely jeopardize the fulfillment of contractual obligations (especially paper-based gold transactions), the de facto owners will most likely wish to take actual physical possession of the metal prior to the rollover if they have not already done so. There are entities out there that think that they "own" gold or "control" gold. Unless they take physical possession, they may soon learn otherwise.