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

To: Enigma who wrote (35537)	6/18/1999 10:50:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116782

I like your reporting efforts, however, if you cannot see the relevance of the producers organizing and replacing gold produced at 250 an oz with cb gold, than your understanding of market dynamics is somewhat limited. The sale of 400 tonnes and 1300 tonnes by the BOE and Switzerland would not be enough to make up the normal yearly deficit(1000 tonnes) between supply and demand and the elimination of 250+ gold which would amount to at least 1200 tonnes. Because, the basics are so simple, one questions why this is not occurring. GATA for all their efforts are focusing their attention on deaf ears. The CB's are not going to be moved by their revelations, particularly when they have less than an arms length relationship with many of the producers. If GATA truly wants to help the producers, they should be organizers of the movement I am describing. Ken