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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: long-gone who wrote (90030)	9/26/2002 1:14:19 PM
From: IngotWeTrust	Read Replies (1) of 116763

I get that part, Richard, but "fighting over" paper ownership privileges of that thompson pile does NOT make it a new pile! It is just a new carved out slice of the old goldpile of good delivery bullion. Don't you see what I'm saying? For demand to increase for gold, thereby adding upwards pressure stemming from new demand, by more investors is NOT the same as those same people doing personal physical offtake multiple times daily, weekly, monthly, quarterly, etc.... They will just be buying and selling shares, just like CEF in Canada does. Ian McAvity did NOT help the price of silver NOR gold by creating his Canadian vehicle several years back. And Neither will Thompson. THat's my argument and I'm sticking to it. g_t

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