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

To: PaulM who wrote (49364)	2/20/2000 1:12:00 PM
From: Eashoa' M'sheekha	Respond to of 116758

Thanks Paul And GoldSnow For You're Responses. In the " What's Wrong With This Picture ",series,I was thinking of how these reports would read if " Gold " were substituted for " Oil " in many of the references. Oil has tripled since the supply side was altered to reflect only about 7% of available product. Gold has increased a modest 20% since it's supply side was adjusted in a series of moves by different parties. Physical Gold demand continues to outstrip supply by about thirty percent. Is there a strategic Gold paper reserve somewhere being utilised to pressure this market? As Frank Veneroso said the in The Economist.......... " If it were left to the private sector,Gold would be about 600 USD per OZ right now." I wish Governments would get the $%^& off these investments. After all...it's just a commodity...right? PS: With regard to oil.....it appears the industrialised countries,and especially the US,want 25$ oil.References to " true value " were most amusing.It appears this term can only be uttered when one's own interests are in mind.HA! And some folks STILL have a problem with 350$ Gold? What a farce. PPS: Nice find on the link Paul. It WAS better than mine!!<g>