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Gold/Mining/Energy : Gold Price Monitor

GDXJ 107.29

-0.9%

Dec 2 4:00 PM EST

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To: Zardoz who wrote (24992)	12/29/1998 9:43:00 AM
From: Enigma	Read Replies (1) of 116791

Hutch/Teevee - the World Gold Council may be a gold lobby group but they do supply statistics on gold production and consumption, etc. Teevee would have us believe that the world is being saturated with gold - as if there was no consumption at all!! Consolidated Gold Fields also used to publish similar data - maybe they still do. An interesting statistic would be a comparison between world money supply and gold in existence. I notice, Hutch that you slide away from the points I made in my last post to you - and, on the subject of the Russian situation - you say it is the tip of the iceberg - but this is a speculative statement not based on proof. And, to get back to my previous post, how do you know that any of the $100 million reduction of gold and other reserves was in fact gold at all?

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