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Strategies & Market Trends : Strictly: Drilling II
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To: craig crawford who wrote (914)8/30/2001 4:16:39 PM
From: Arik T.G.   of 36161
 
craig,

World demand
74% jewelry - Chiefly from India
23% investment
3% industrial

And keep in mind these numbers were during the bear market.
India demand looks at price in Rupee, not Dollars.

J6P has little to none bullion. Maybe, just maybe some gold stocks. Just like J6P didn't own CSCO in 1994.

Gold may fall off dramatically but my guess is not many weak hands in this market to shake off.
Only thing that can do real harm is increase in CB sales.

ATG
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