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

To: d:oug who wrote (38974)8/14/1999 12:18:00 AM
From: average joe  Read Replies (1) | Respond to of 116893
 
I think that post was by far the dumbest thing I have
ever read on SI - or you sure that was not taken from
the Celestine Prophecy???

aj



To: d:oug who wrote (38974)8/14/1999 12:45:00 AM
From: teevee  Read Replies (5) | Respond to of 116893
 
Doug,
the POG is headed much lower for one stark market(supply demand) reason....the central banks are sitting on the equivilent of 50 years new mine production and they want to sell it.....an orderly sales program means that they maximize the average price obtained.....gold is just another commodity and evidently there is a large supply overhanging the market:-)).....
regards,
teevee


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