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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: PaulM who wrote (34318)	5/21/1999 8:05:00 AM
From: long-gone	Read Replies (2) of 116764

And while we are on the topic of manipulation of gold price, whose side is the World Gold Council on? While the gold price is falling, why are they not looking for more ways to improve it? Why are they not questioning the (near total) lack of gold funds offered to the American Worker via 401k's in the workplace, AND FINDING a way to CORRECT the problem? A very big part of the problem of gold price is related directly to fund flows! Many of both the most bullish and bearish investors believe(understand) the US workforce MUST increase over the next 50 years and the world population WILL only go up from here. Why are they not finding a better way to sell the existing temporary oversupply of gold? Does the World Gold Council want a lower or higher gold price? The largest single stockpile of wealth in the average US household is currently in the stock market not in their home, small business, farm or ranch, savings account, or precious metals. Some accountings show the average exposure of that average household today to the precious metals market to be only 1/10000 of 1% , when over the prior ten years ago period this may have been 2- 10%. Why are they not going after that 2-10% of total net worth of the USA? Why does not the World Gold Council open an independent precious metals storage facility and market bullion funds? We need to ask the hard questions!

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