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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Investor-ex! who wrote (35300)6/14/1999 7:09:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116764
 
Investor-ex!, this amateur gold nerd thanks you for the information. Seems one may get very old waiting for the dumping to end. <VBG> Seems there is also a lot of time for shorts to cover without a squeeze. I wonder if the banks will accelerate the selling process if they sense that they may be the last on the block to sell for a lower price? Any chance that we could get a dumping stampede where banks try to protect their investment value, or do they just buy puts? Do you or anyone else know the current annual world production of gold and the annual demand? It would be an interesting exercise to determine a worst case inventory limit.