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

To: Ken Benes who wrote (57118)	8/8/2000 8:32:03 AM
From: Enigma	Read Replies (1) \| Respond to of 116972

Ah well, the problem is English? 'Get's lost' - pales by comparison? You conveniently focus on the increases in production - what about offsetting decreases? Or the overall demand picture? Of course the 93 tons aren't lost -but, as in most things in life you have to look at context. 3 million ounces seems such an overwhelming number - but 93 tons somehow brings it into perspective. In light of CB sales. And you still can't get it into your head that production is the key - at least on the supply side - hedging merely affects timing - but it's an old story - if you want to comment on hedging intelligently you should look at changes in hedging patterns.