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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.44-1.2%Nov 14 4:00 PM EST
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To: goldsnow who wrote (49403)2/21/2000 1:33:00 PM
From: Alex  Read Replies (2) of 116762
 
Gold demand may fall as Internet offers other forms of investment
Dubai--Feb 21--The gold mining industry relies too heavily on "strong but
remote markets such as India and China," and risks losing them to other forms of
investment as these countries "gain greater access to the Internet," according
to Wayne Murdy, President of US company Newmont Mining. Speaking to delegates
here at the London Bullion Market Association Precious Metals Conference, he
said that without greater marketing of gold, these countries' reliance on gold
may diminish as they encounter other forms of investment via the Internet.
(Story .14687)
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Hi goldsnow. Thought you had cashed in on us there for a while : - )
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