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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.01

+2.8%

Nov 5 4:00 PM EST

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To: Zardoz who wrote (50230)	3/9/2000 9:35:00 PM
From: long-gone	Read Replies (1) of 116752

<<This high growth is ultimately bad for GOLD. >> You might just be wrong, IF(& I'll grant this is a mighty big "if") there is simply a great enough demand to outstrip supply. It should be remembered, women in the developed world often increase jewelry purchases toward & through the end of an economic cycle, while people in the third world want gold & a currency other than their own - when the economy allows. Perhaps we would be well informed to also consider the understood worth of gold in much of petroleum producing world. At times custom & religion may dictate the relative worth of a commodity more than man's laws or markets.

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