Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 107.29

-0.9%

Dec 2 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: goldsheet who wrote (63529)	2/8/2001 10:11:55 AM
From: Machaon	Read Replies (2) of 116791

<< Other gold companies are increasing production. >> I guess the rule is to increase sales and deplete gold mining resources into the face of declining prices, all while hedging. A recipe for disaster. If the estimates of gold consumption are correct, that demand greatly exceeds production, a reduction of gold mining, similar to what the oil cartel does, would make more sense to me.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next