At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: sana who wrote (611)	7/4/1997 3:47:00 AM
From: Goldbug23	of 1911

sana, I have read that the buying is being done in Asia, primarily in India and China. I thot the big drop in gold price would result in a fast snap back today and it did result in a 2.00 uptick initially but my EBN screen now shows no change. The Austrailians did not sell the 167 tons yesterday, it was over the last six months, so yesterdays drop was not a supply demand thing, more psychological it appears. Unfortunately we only can get volume figures from the London exhange and not who is doing the buying and selling. Look forward to hearing from you. Jim

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