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Gold/Mining/Energy : Gold Price Monitor

GDXJ 129.86

+4.7%

Feb 3 4:00 PM EST

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To: Alex who wrote (25357)	1/4/1999 7:13:00 PM
From: Giraffe	Read Replies (1) of 116960

>>Today the world's unmined reserves are estimated at 1 billion troy oz (31 billion grams), about half in the Witwatersrand area of the Republic of South Africa. << What? You mean the total value of ALL the unmined gold left in the world is a measly US$290 billion??? You could hardly buy yourself a little Japan-sized banking collapse for a crumby $290 billion. Even LTCM by itself was shooting with a bigger wad (derivatively speaking). :)

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