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

To: Haim R. Branisteanu who wrote (47444)	4/20/2000 12:56:00 PM
From: Mad2	Read Replies (1) \| Respond to of 99985

Haim, what you say is true. Negative is gold sales amounting to 2000 metric tonnes over the next 5 years by European Union countries (this is 10% of the worlds physical stores), I believe this works out to around 13-15 mil ozs per year, near the annual production (sorry I don't know consumption by mfgrs of jewlery). This is what has driven these stocks to their current levels. On a positive a strong recovery in Asia (incl India) will be bullish for gold as that part of the world (esp India loves gold). Additionally when I look at the worlds capability to pump oil (the life blood of the modern economic world, we could soon be up against the ceiling) I see inflation on the horizon should world economic growth continue, with little room for growth here in the old USA. Silver as h pointed out be even more interesting. Anyway, the downside appears limited IMO.....and I may be a bit eary. Best Regards, Mad2

To: Haim R. Branisteanu who wrote (47444)	4/20/2000 1:55:00 PM
From: lanceinfla	Read Replies (2) \| Respond to of 99985

Haim, regarding your post earlier in the day... It is easy to fault the obvious villians as is evidenced in your tirade. I am sure that some of what the world (and you) feels about the US is based on envy. What I can't accept from you is the assumption that all of the problems of this world are the result of America. For example, you mention the problems in Indonesia and the former USSR. Did we cause these problems? Haven't the Russian people had to put up with corrupt, selfish rulers for a thousand years? What about all the years of the Indonesian dictator, Sukarno, who lined his and his family's pockets with gold? The US doesn't have a monopoly on greed. It is my opinion that greed is a basic human nature, always ready to spring forth if given the opportunity. That the rich US has the opportunity to exploit this power is not a condemnation of the US, but of "us," the people of this world. Humbly, lanceinfla