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To: GST who wrote (110534)	10/15/2000 10:28:34 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<Victor: Let me give you an analogy. >> GST: Let me show you the facts, for the last decade. Victor bigcharts.com

To: GST who wrote (110534)	10/15/2000 10:37:50 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<This is what has happened to gold. The gold owned by the central banks was already sold before they sold it -- >> Some of it was "leased" that's correct. I would not believe for a minute that it was all "sold before it was sold." I mean, I recognize your doomesday posture re the mainstream markets, but still, let's not go overboard here! <g> The gold mkt was semi-anemic before the central banks sold; ever since then it's been in intensive care. <<and a decade of production in the ground is leased out and has already been sold as well. >> No it isn't. Some mining co's have gone bankrupt due to the low price of gold, some have stoppe dproduction and gone dormant, and others have deferred or indefinately postponed some of their projects. Victor