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

To: goldsnow who wrote (34807)	6/2/1999 6:53:00 PM
From: Don Green	Respond to of 117069

>Well, what was timetable? 1 year? 5 years? or was it day to day? Rambus presently only has a 3-4 year est, life from here unless they continue to develop more technology. But they should provide quite a return in those years. Unlike Gold presently at 265 and heading lower. ==================================================== GOLD...ended New York trading lower on Wednesday, languishing near Tuesday's 20-year spot lows as support continued to evaporate in the face of Britain's July 6 gold reserve sale, dealers said. Gold trimmed overseas slippage in early dealings, with COMEX traders citing bullion bank bidding as a support. Physical demand for gold related to India's wedding season and tourism in Turkey, for instance has been strong throughout the downmove, which as of Tuesday's low, had chopped about $25 off the spot price since the May 7 UK sales news. But this buying filled in eager sellers all the way down and seems to be insufficient to counter the expected new supply from the official sector. Meanwhile, silver, still shaky from last week's base metals shakeout, erased early gains as copper slipped in late COMEX dealings. "Silver trading has been more influenced by base metals than gold, with base metals breaking down over the last couple of weeks," Rinehimer said. "Now you are starting to see some stability in base metals and it's starting to carry over into silver. Regards don