Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.000001000

-99.0%

Jun 3 1:07 PM EST

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To: on parole who wrote (14792)	6/1/1999 2:38:00 PM
From: TomNY	of 25548

Interesting comment about gold prices from Mining newsletter: . . . gold demand, mostly for jewelry and investment, is through the roof. Meanwhile, the gold price lags, hitting 20-year lows during May. The low price is spurring investment demand but this isn't being reflected in the gold price. Does this tell anyone else that the gold price is really being controlled by derivatives trading, and not by supply/demand? Don't know where he got his "through the roof" numbers -- I'd be interested in knowing what industry group (or government) tracks gold demand.

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