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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: Gabe Heti who wrote (93788)2/25/2003 10:36:02 PM
From: Ironyman  Read Replies (1) of 116786
 
Gabe...Gold will swell in price simply from people looking for a place to preserve value. Then there is that little problem with production being TEN YEARS BEHIND DEMAND. This is what happened when housing construction almost stopped from 1988 through 1998.
---Just like in 1997 when everyone took money out of the banks and were pouring it into the stock market.
Regards,
Eric J. Parde
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