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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.63

-1.4%

Oct 31 5:00 PM EST

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To: Secret_Agent_Man who wrote (79381)	11/16/2001 1:11:38 PM
From: IngotWeTrust	Read Replies (1) of 116741

You Quoted: Since 1993, GFMS says net retail investment demand saw Europe dishoard 207 tonnes (6.7moz) which was more than balanced by North American uptake of 294 tonnes (9.4moz). East Asia and the Middle East continue to demonstrate a long-standing affinity for gold after buying 2,140 tonnes (68.8moz) over the same period.....The eastern powers are not dependent on future gold production, but control liquid stocks. That alters the balance of power and reduces the options available to the monetary hegemons. There you have it...a 3rd Bretton Wood's gold backed currency is being born, right on schedule...last 8 years. The AMU is coming, folks, and you heard it hear first<g> (with the Middle East portion being co-mingled statistically at least in this report...the seed is planted mentally for wondering if the BW C-A hasn't been "revised" and there is a "middle east" currency on the table...might it be the Islamic Dinar that is now electronically enabled as it were according to earlier commentary on this thread?.....hmmmmm) Nice little shift in the global "gold pile" on the table top of national poker game. I'll see your gold tonne and raise you 2 tonnes...? 3 tonnes?.... 2,140 tonnes....? Nice find, Crusader

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