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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Ken Benes who wrote (50991)	4/1/2000 12:12:00 AM
From: goldsheet	Read Replies (2) of 116759

> Prices are low because there is an excess of supply. Just reminding folks the 1993/1994 price rise from $330-to-$400 was enough to put larger properties into production, which increased primary mine supply from 2200mt to 2600mt, a 400mt impact as large as annual central bank selling. No comments, opinions, or URLs from me, just a few historical numbers to ponder.

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