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


To: PaulM who wrote (60849)11/11/2000 5:10:51 AM
From: Alex  Read Replies (2) | Respond to of 116756
 
World's gold supply will rise this year and next : CPM
Platt's Metals Week, 6 Nov 2000, p 6
CPM Group's Gold Survey 2000 outlines some positive expectations for gold over the next two years. It is expected that the world's gold supply will increase in 2000 and 2001. According to the report, gold supply including mine production, refined scrap and bullion sold by governments, will increase 0.4% to 104.4 million. oz in 2000, and by 1.7% to 106.5 million oz in 2001. Although mine output is set to decline to 67.3 million. oz in 2000, secondary production will rise 7.5% to 21.5 million oz, followed by a 7% increase to 23 million. oz in 2001. The report indicates that both industrial and jewellery demand will rise in 2001. Despite this demand, gold prices still remain within the $270-$290/oz range. The report attributes this to low level of investment demand for gold and continued short selling by technically oriented speculative traders, brokerage companies and commodities futures firms. The report also outlines three scenarios for gold price outlook: an increase in investment demand that supply will be unable to meet, the stabilisation of the gold price at present levels, or the reduction in the size of the gold markets. CPM still believes that gold is a solid investment.



To: PaulM who wrote (60849)11/11/2000 8:58:09 AM
From: Rarebird  Read Replies (3) | Respond to of 116756
 
<Things never go perfectly.>

Of course they don't. But don't you think that when an election is this close and the other party is ahead in the popular vote, perfection should be strived for to get as accurate a vote count as possible in Florida? A lot is at stake. If people truely believe in the democratic process, then they should have the courage to endure the democratic process. I don't see anarchy developing. The State of Florida has done the right thing thus far(and is to be praised for its actions here up to this point) and Palm Beach County has agreed to do a vote recount by hand starting today. What I do see is the Bush campaign desperately trying to avoid the pursuit of Truth by getting a court injunction to prevent a vote recount by hand in Palm Beach county. Why is the Bush campaign and many Americans so fearful? The process that is taking place right now does not belittle our system of government; but shows how powerful and great it is. Sure, there are limitations inherent in all human endeavors (and especially in the concept of the Infinite), but when we become aware of a Limit, the opportunity presents itself to go beyond that Limit. This is what I call the courageous human striving for Perfection and Truth and that is what is required here when the results of this election have shown ambiguity, possible computer cliches and voter disenfranchisement.