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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST

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To: Ken Benes who wrote (74063)7/27/2001 1:29:54 PM
From: Claude Cormier  Read Replies (1) of 116762
 
Ken,

I see your position.

Does the fact that the above ground gold inventories increased by only 30-35% in the last 22 years while global money stocks increased by several hundred percent change something in your opinion.

There is now much more fiat money that can run after the same ounce of gold than there was in the late 1970's. And I am sure that you can see several triggers on the horizon that could launch a new bull to new highs.
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