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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: goldsheet who wrote (51322)	4/12/2000 7:48:00 AM
From: long-gone	Read Replies (1) of 116756

<<In the last 30 years primary gold mine production has added 1.6 billion ounces to the world inventory and keeps adding another 80+ million ounces per year. Considering total world inventory is about 4 billion ounces, that means 40% of the gold mined in ALL human history was mined in the last 30 years.>> Then with every passing day another consumer is added. In everything there is both the supply & the demand side of the equation, and the demand is improving.

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