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Gold/Mining/Energy : Gold Price Monitor
GDXJ 124.11-13.6%Jan 30 4:00 PM EST

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To: Square_Dealings who wrote (74819)8/11/2001 12:33:01 AM
From: long-gone  Read Replies (1) of 116944
 
<<Gold is being by

1.Mining companies taking off hedges;

2. Threat of Labor Strikes and mine shut downs due to various other multiple cause like;

3 Energy Crisis. higher production costs.

4. Rapid Mine Depletions due to improved mining technologies

5 World Political Unrest and threat of War;

6. Money being called in on loans and nothing there to pay with.............

7. Overvaluation of the US Dollar and massive real estate debt overhang.

8. Credit Card Mania of 1999-2000 people racking up charges for all kinds of cool electronic gizmos.

9. Internet Bubble burst.>>

You forgot strong demand India wedding season.
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