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To: GST who wrote (139895)2/26/2002 6:20:10 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
"Mark -- for what it is worth -- I am NOT a gold bug. I am only interested in gold insofar as it can make me money -- and I expect the same is true for you. Good luck! "

GST,

It makes me money and currently in my industry demand for all gold product is up and increasing. That is not true for diamonds or silver products. I don't really sell silver products but I can read. The current demand environment reminds me a lot of the early 1980s. It is not exactly the same but people are buying gold jewelry to wear as an "investment." Please do not ask me to explain the reasoning behind it because I can't. There is some fear factor if I had to guess. The Italian manufacturers of finished product are having difficulty keeping up with demand. That is not typical for this time of year. There is currently a 6 week lag for fine quality finished goods such as chain and charms. Last year at this time, the lag was four days for shipping and customs. Customs are taking longer now too but only 48 hours longer or so.
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