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

To: re3 who wrote (51916)	4/25/2000 8:53:00 AM
From: Enigma	Read Replies (1) \| Respond to of 116762

These numbers are based on fallacies IMO. It seems that that the only figures that really matter are:1) Production 2)Consumption eg for industrial use - or for the purchase of new jewelry 3)New production purchased for saving including new gold purchased by banks of all stripes. All of the rest is presented in a one sided way. Or, put it this way - the whole story isn't shown. If scrap including jewelry is sold it is also purchased. If the CBs sell the gold it is also purchased. In other words existing gold merely changes hands. But only one side of the ledger entry is considered? Or am I missing something?

To: re3 who wrote (51916)	4/25/2000 12:25:00 PM
From: goldsheet	Respond to of 116762

> Bob, do you have any info on consumption of gold for > jewellery over, say, the last 25 years ? a nice chart > perhaps <G> or any info at all ? I have the numbers for the last decade or so. First list is ounces, second metric tonnes Year Total Jewelry 1988 88.3 52.9 1989 98.9 65.8 ---- ------- ------- 1990 99.5 70.3 1991 100.6 75.8 1992 113.1 88.7 1993 110.7 82.1 1994 106.3 84.2 ---- ------- ------- 1995 115.9 89.7 1996 113.1 91.6 1997 135.9 107.4 1998 132.6 101.1 Year Total Jewelry 1988 2,746.0 1,645.0 1989 3,076.0 2,048.0 ---- ------- ------- 1990 3,096.0 2,188.0 1991 3,128.0 2,358.0 1992 3,518.0 2,760.0 1993 3,442.0 2,553.0 1994 3,305.0 2,618.0 ---- ------- ------- 1995 3,606.0 2,791.0 1996 3,518.0 2,850.0 1997 4,228.0 3,342.0 1998 4,123.0 3,145.0 Total 1999 demand is estimated down at 4065mt/130.7moz, but I don't have the exact jewelry number (it is down) I have been meaning to fill out my entire supply/demand table ( goldsheet.simplenet.com ) for the last 30 years, but have never got around to it. After spending hours going through old dusty Bureau of Mines Minerals Yearbooks back to 1970 to complete the primary mine production, I haven't found the ambition to get the rest. Another item on my list of things to do !