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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)
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To: ahhaha who wrote (364)9/27/1999 8:44:00 PM
From: Broken_Clock  Read Replies (1) of 587
 
ahhaha,
Bottom line:
Mines are producing in deficit to the yearly demand. The fact that CBs are just now getting a little ant-sy about how they will get their lent gold back just goes to show how useless a good college education can be sometimes. -g- Do you have a guess as to how much gold has been lent out? I figure we'll get a mighty gold spike even if they shorts don't cover that figure...based on the current mining deficit.
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