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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (38885)2/2/2000 6:28:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
George, at the same time the fact that Kuwait and Jordan of all places had to be coerced into throwing their total gold reserve (yes, not a gram is left in their vaults) onto the leasing market shows just how desperate the big shorts have gotten. eventually the annual supply/demand deficit of 1,500 tons will result in higher prices. there are simply not enough sources left to fill the gap with the European CB's and the IMF out of the picture.