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

To: Claude Cormier who wrote (36123)	6/29/1999 2:07:00 PM
From: Exsrch	Read Replies (1) \| Respond to of 116892

Claude, Quick note of thanks to all those who make the dialog relevent through some sort of fact basis. Cheers, Exsrch

To: Claude Cormier who wrote (36123)	6/29/1999 2:09:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116892

Claude, should have warned you, Ron believes nothing coming from WGC.

To: Claude Cormier who wrote (36123)	6/29/1999 8:29:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 116892

Claude, Thank you for the figures. Now that I'm home, I'll try to see what I can dig up as well. And ignoring Richard's comments(not too difficult), it's not that I distrust GWC data, but being able to confirm the data independently is always preferable. Now we also have to to analyze where the gold is coming from. It is difficult to believe that all gold production is going to jewelry fabrication, while we still have gold coin dealers hawking there products wares out there for their normal 5% commission over spot. kitco.com Especially since the gold that they're minting with quite likely was obtained on the market at higher prices. How much of this gold jewelry is fabricated from recycled scrap gold?? How big is the scrap gold market?? (been looking for data, but can't find anything yet). Where is all this physical gold coming from (and don't say the Central Banks... :0)?? Regards, Ron