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

To: Richard Mazzarella who wrote (60510)	11/4/2000 9:00:56 AM
From: tyc:>	Read Replies (2) \| Respond to of 116764

>>IMO gold needs some kind of massive gold utilization to clear out the reserves How about Gold Miners giving their shareholders the option of receiving their dividends (what dividends ?) in gold sovereigns ?

To: Richard Mazzarella who wrote (60510)	11/4/2000 1:59:35 PM
From: goldsheet	Respond to of 116764

> IMO gold needs some kind of massive gold utilization to clear out the reserves before any improvement in POG Also, the business cycle has not been repealed. After a long period of strong GDP growth, we are more likely to be slowing in the future. The inverted yield curve is historically considered a sign of a possible recession. Any economic slowdown would cut consumer confidence and spending, reduce jewelry demand, hence reduce gold demand. Just when the supply side get stable (as you suggest above), the demand side might come back and be a factor. Reduced economic activity would have the biggest impact on automobile sales, reducing demand for PGMs. I really think platinum and palladium are near the top of their price range.