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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Lalit Jain who wrote (8695)	3/22/1998 9:06:00 PM
From: IngotWeTrust	Read Replies (3) of 116759

Lalit, someone I deeply respect put oil's 2Mil b/d overproduction into perspective for me this afternoon: In 1986 it was 60 M b/d consumption w/11 M b/d overproduction In 1998, it is 74 M b/d consumption w/2 M b/d "over production." I believe twas a snippit from this wknd's Barrons-Alan Abelson's column. Kinda changes things, don't it(grin) Regards, O/49r P.S. Alex...thx for that terrific Millennium Gold Coin article!

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