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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: goldsnow who wrote (23190)	11/20/1998 10:10:00 AM
From: long-gone	Read Replies (3) of 116753

All, I think I just got it! I know what it will take for the price of gold to move! You see, three funny things happened in the last 18 months. 1) world population increased. 2) world food production (even including El' Nino and all the problems) was flat to slightly higher(over all). 3) world wide hunger index (per UN)was lower. What (IMHO) will move gold is when there is a true world shortage of any one of the world tracked commodities. One will draw all others higher. The only reason there are no commodity shortage problems currently are the technology increases we have seen in exploration, production, mapping, transportation, and production! At some point(in the near future) these efficiencies of scale and technology must become undermined by population growth. rh

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