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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.27

+3.5%

Jan 12 4:00 PM EST

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To: Gerd Schwarz who wrote (43199)	10/17/1999 7:19:00 PM
From: Hawkmoon	Read Replies (3) of 116853

"Population rising above 6 billion" I'll tell you what Gerd... They're going to be more interested in buying the basic essentials of life before they buy any gold. Somewhere out here someone posted a statistic about how the US economy now accounts for 33% of global GDP, instead of the 20% it formally held prior to the Asian "contagion". Somehow I think these nations have a lot of ground to make up for and people buying jewelry and trinkets fall short on their list of priorities. Also, there is some dispute as to how accurate those US figures actually are since on a global average population must grow at 2.1% just in order to sustain its current level. (of course someday we'll cross that population level). Just my opinion. Regards, Ron

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