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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: Jim Willie CB who wrote (90146)9/28/2002 7:37:15 PM
From: goldsheet  Read Replies (1) of 116763
 
> I believe there are two separate demand curves

Agreed, if not more. Cultural differences might result in several regional demand curves, with very different elasticities. Sometimes jewelry is a currency substitute and sometimes just jewelry, and will react depending on buyer/seller perception. Some see the price rise as a reason to invest, some to divest, and some to curtail jewelry demand - it sure is not simple !

> it is a pleasure to receive feedback

Thanks. I usually try to look at both sides, but often since the "pro-gold" side is adequately expressed online I find myself presenting the "anti-gold" side. Doesn't mean I'm anti-gold, just that I'm trying to assemble and talk out the entire situation before making investment decision with my real money
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