Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: goldsheet who wrote (8088)	10/8/1999 6:43:00 AM
From: Bobby Yellin	Read Replies (1) of 80982

Bob of goldsheet.simplenet.com I have been having a running debate with a friend re supply and cost of production. (of course we didn't even get into psychology or possible production cuts a la OPEC or that so many exploration companies have gone under so future sources might be slow in coming if demand for gold picks up quickly) Do you have any guessestimates as to supply? I don't trust most numbers ( ie last nite went to a housing meeting..the speaker mentioned how one group estimated median income for new yorker city was 53 k..whereas his group estimated true median income was 25 k :-) I am just curious as to how much gold is available to be mined at under $200 an ounce. Wonder if some companies were stressing low production costs for their shareholders and future investors.. an interview with Barrick official had said most producers had been selling the cream of crop. Bobby ps have any idea how many companies have already gone under ..also how many companies who hadnt hedged have gone under?

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