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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: Jim Willie CB who wrote (90122)	10/1/2002 8:50:19 AM
From: Zardoz	Read Replies (2) of 116762

I will put together a rough instruction set for you on the inelasticity of gold's supply and the inelasticity of gold's demand. Explain please. Are you saying that Both the Supply & Demand are inelastic? Is this JUST for gold? Question: Which commodity has more pressure when Buyers jump in: Gold or Silver? Or simpler:Which is more inelastic?

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