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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: Enigma who wrote (53431)	5/31/2000 11:20:00 AM
From: Ken Benes	Read Replies (2) of 116950

Whether they are owned by states or are privately/publicly held is irrelevant, what is important is, that they adjust production to market conditions. This is not unique to state run operations. Manufacturers of widgets will slow the assembly line if the market is flooded with product and the price commanded for a widget drops. It is so fundamental, they teach this principal in introductory economic classes. It is amazing that the producers and their fan clubs cannot master this principal. I guess that is why you experienced the name change from double density to enigma. It was a transformation from incomprehension to confusion. Ken

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