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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.44

-1.2%

4:00 PM EST

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To: Rarebird who wrote (51410)	4/13/2000 9:15:00 PM
From: Enigma	Read Replies (2) of 116759

Give me some statistics on the demand side so that we have a more complete picture. This is the problem as I see it - we hear all the time that demand outstrips supply yet the price stays down - even the CBs 300 tons doesn't, with production, equal demand - or so I've read somewhere. So the balance is where? Leased and sold into the carry trade? That is what I mean about nobody having a clue. BTW why is it bearish for commercials to be long - you may be right but I'd like to know your reasoning.

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