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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: westpacific who wrote (59657)5/1/2002 11:20:41 AM
From: Zeev Hed  Read Replies (5) of 99280
 
West, I don't think gold will be at anything near $800 to $1200 in the next three years. ASt that price, so many new mines will open, production will more than double and overwhelm demand. There is absolutely no shortage of gold in the ground even at $400/ounce. Since the world is awash in excess capacity, there is no danger of hyperinflation either.

Zeev
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