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

To: Activatecard who wrote (53939)	6/8/2000 2:20:00 PM
From: pater tenebrarum	Respond to of 116764

the answer is, sooner than most people think most likely. note the big gold exports in the trade report every month of late...someone obviously IS buying gold. i also think that China may give the market a shot in the arm...not only has gold ownership for private citizens been legalized as mentioned in the article, but there are apparently plans by the Chinese CB to bring its gold reserves more in line with international standards. and that means it will have to buy a few hundred tons. could be enough to get things going...once the price begins to rise, investment demand will revive as well.