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Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.16-0.1%Jan 13 4:00 PM EST

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To: Ken Benes who wrote (39278)8/19/1999 1:03:00 PM
From: Enigma  Read Replies (2) of 116856
 
GATA believes there is a conspiracy to keep the POG down. There is selling going on - no doubt about that. Why I don't know - there are a lot of rumours about GS and the like - no doubt many of the rumours are supporting speculative positions. Why do you say that the above ground supply of gold increases by 3,000 tons per year - I saw a report today that production is expected to remain flat for the next 5 years. If production remains flat and demand is increasing where is the increase in supply? d
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