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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: goldsheet who wrote (56343)	7/17/2000 6:02:39 PM
From: d:oug	Read Replies (1) of 116788

<<It's a fun calculation, but moot point, since currency isn't backed by gold.>> (for) "If all dollars in circulation backed with gold, price [of gold] $2,500." Bob, yes based on facts, but no based on a gold bugs facts. Not to imply that gold bugs are not part of that other group, just that .... you know what i mean, which is that the gold bugs know that the number given out by the usa government as dollars in circulation is that which Allan Greenspan has already been on official record as identifing as unknowable, based on him not being able to manage. So what the real number of us$ in circulation ??? Might it show a price of gold to be $800 +- 50% ??? d:o)ug . .

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