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Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.16-0.1%Jan 13 4:00 PM EST

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To: Alex who wrote (2432)10/25/1997 9:43:00 AM
From: Tommaso  Read Replies (2) of 116856
 
The original statement of purpose for this thread reads as follows:

"The premise of this thread is very simple: To monitor/analyse those factors affecting the price of gold, long-term, short-term, and in-between, and to determine where we currently stand in relation to those factors."

The most important factor in the direction of gold prices in the last ten years has been mining technology. If you can produce something for as little as $150 an ounce, why should you expect anyone to pay several times that amount? Gold is now just another commodity.
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