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

To: lorne who wrote (34858)	6/4/1999 9:04:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116764

Lorne: This new discourse is absolutely essential as a precursor to a rally in gold. In this week Barrons there is an article about gold that clearly points to the synergy of producers and central bankers as the reasons for the decline in the price of gold. The article says that the producers are continuing to increase production at lower pricers and are more willing than ever to sell forward using gold from the central bankers. That is the reason that gold is at 267 and headed lower. It is also the reason that I am suspect of GATA, most of their funds are provided by the producers. Why hire a spokesmen that will expose your own complicity in the manipulation that is resulting in a lower gold price. Gold could start moving tomorrow if the producers would tell the bankers to go scratch. Unfortunately, they won't. I believe some of the producers are using the current situation to consolidate the gold market where only a few large players are left with the smaller producer explorers put out of business. When the process is completed, the price of gold will rise with the producers becoming more profitable than ever. Ken