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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: marek_wojna who wrote (73907)	7/25/2001 3:38:00 AM
From: goldsheet	Read Replies (1) of 116753

> the reason for gold to keep present price range Supply/demand is pretty well in balance, and I have often said that $275 looks like a good equilibrium point (fair market value) That's why I am on record for a 2001 range of 255-to-292 with an average of $275 pages.prodigy.net > According to your posts world production is nothing but growing Others post the drops, I post the gains, net effect is almost flat. We are in the process of topping out, the year 2000 at 2573mt appears to have been the peak. We should be slightly down (maybe 2525mt) for 2001. Production should drop slowly over the next few years, but not a big drop.

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