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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: Hawkmoon who wrote (26732)	1/22/1999 11:01:00 AM
From: Enigma	Read Replies (2) of 116764

Ron - a challenge - can you document this ever actually happening or is it a purely theoretical assumption?: " And every once in a while, like oil, a big strike is discovered that completely disarticulates a gold standard economy" I think it has never happened, and I've been following gold since the early 70s. There hasn't been a gold standard economy for a long time. It's a common fallacy that large gold strikes are likely - 100 million ounces a la Bre-X just don't seem to happen - but people have everlasting faith when the next one appears imminent. Goldstrike, Pernina, Pascua - these things are huge and out of the ordinary. dd.

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