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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Bill Murphy who wrote (26224)	1/15/1999 6:36:00 AM
From: long-gone	Read Replies (1) of 116764

The way I figure it Bill, The 2000 year model cars are out in Aug. 99 - that is at the dealers - transported by rail. Auto's would be intransit for two weeks prior. The glass for those cars has to be in place at least a week before, and has to be shipped by rail again - another two weeks. Cycle time for a car start to end >two days + glass cycle time > 3 days. This additional silver demand should hit the market in mid. June? In a silver market now very tight. Priviso, those auto's built over seas should now be starting new auto glass production very soon. If I recall correctly, article said this would be "required by law" in mid 2000 year model. Reason I mention it here, most all gold producers at least get silver credits, reduce cost of gold production if silver price goes up.

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