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Gold/Mining/Energy : Gold Price Monitor

GDXJ 144.21

-0.6%

Jan 26 4:00 PM EST

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To: Don Green who wrote (18046)	9/8/1998 3:43:00 PM
From: long-gone	Read Replies (1) of 116922

OK Don, You have said I have nothing but the "same old doom & gloom". How about this. Demagraphics - India. this country owns more gold per capita than anywhere else in the world except the Middle Eastern oil rich lands. As a % of household income they consume far more than anywhere else. Of the word consume, the word means exactly that - it is eaten as gold leaf on a rice dish at special meals.The amount worn is also far greater than in the US or Europe, and the gold worn there is far more pure, and not just plated. The population of India will pass that of China in around 2002-4. And of the aging of the baby boom in the US? American women have a long history of buying more jewlery as they age, if money allows. rh

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