Pacific Rim Mining V.PFG Message Board

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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: DeplorableIrredeemableRedneck who wrote (14186)	3/17/2001 1:50:08 PM
From: Phil Jones	Read Replies (1) of 14627

Darren, I just wish that I could see some light at the end of the tunnel on the gold price. But it's just not there. Gold seems to have "lost its lustre" and become just a commodity. It's price will move only with the electronics and dental demand!! Barring some calamity that puts us back in caveman/cavewoman status with no faith whatsoever in paper issued between nations, I can't see gold being in demand again. No Cold War. Gold is just a commodity, and nobody seems to want it. So I see it staying at around the US$260/ounce price for a long time to come. Maybe something will happen to lift it out from commodity status, but what that may be isn't evident to me at present. Phil

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