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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: Phil Jones who wrote (35498)	6/17/1999 8:33:00 PM
From: teevee	Read Replies (2) of 116769

Phil, Quoting from a December, 1998 publication by the Australian Minerals foundation entitled: "Porphyry and hydrothermal copper and gold deposits-A Global Perspective", reported gold resources being mined in the following regions/orogenic belts are: Central Asia-8145 tonnes Au Americas- 4730 tonnes Au Asia Pacific 3061 tonnes Au This excludes gold contained in porphyries and in other areas such as South Africa and many Asian and Russian districts.....we are awash in the dam stuff.....how the central banks can continue to support these high prices amidst an obvious long term glut is beyond me.....I believe that gold remains one of the best short sale opportunities in the world today...... regards, teevee

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