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To: lorne who wrote (49216)2/17/2000 9:49:00 AM
From: long-gone  Respond to of 117014
 
Hey, in the bond pits, they were just giving a bit of insight into the inflation numbers. Seems the only one who enjoyed the same rate of inflation were cigarette smokers! Were it not for promotions in cigarettes, the number would have been HIGHER!

As most people in the US are NOT smokers, do the "unchanged" inflation numbers REALLY have any meaning?



To: lorne who wrote (49216)2/17/2000 10:16:00 AM
From: Alex  Read Replies (1) | Respond to of 117014
 
WGC: Gold demand up 21% on year to record high of 3,278.4 tns
London--Feb 17--Gold demand in 1999 rose 21% on 1998 levels to reach a
record 3,278.4 tonnes, according to the World Gold Council's Gold Demand Trends.
The 566.2-tonne rise came mainly from a 23% jump in year-on-year jewelry demand
to 2,799.2 tonnes, helped by strong fourth quarter demand of 707.8 tonnes--5% up
on the same period in 1998. Investment demand totaled 479.2 tonnes, up 8% on
1998 levels despite a poor fourth-quarter performance where demand fell 24%, it
said. (Story .13722)

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