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To: jtech who wrote (61087)11/14/2000 9:54:23 PM
From: lorne  Respond to of 116769
 
World Gold Council says Jan-Sep demand down 3% to 2,392 tonnes
London--Nov. 14--The World Gold Council (WGC), a trade group which
represents producers, said that gold demand for the first nine months of
2000 was 2,392 tonnes, down 3% on the same period last year. The fall was
due to a slump in investment demand from 1999's high levels, said the WGC
in its quarterly survey, Gold Demand Trends, published Tuesday. However,
despite the overall fall, demand for gold jewelry rose the report said.
( Story .18044 )
futuresource.com

AND >>>

Gold demand stays high
Scott Anderson
14/11/2000 20:44 - (SA)
Toronto -" Demand for gold jewellery for the first nine months of this year topped last year's record performance, the London-based World Gold Council said on Tuesday. "
Full story >>>
news.24.com



To: jtech who wrote (61087)12/6/2000 11:22:54 PM
From: jtech  Read Replies (1) | Respond to of 116769
 
Its time to party
my post from 11/14/00
(I dont blame anyone for my investment loses except myself. The lack of insight and knowledge for a particular situation, is something that Ive failed to comprehend and I accept the results of my decisions. I usually dont believe that I or a commodity is being manipulated.
When the comp broke below 3K and the POG continued down with it, it goes against all my beliefs.I thought about it and believe that all manipulations in the market whether commodity or equity comes to a just conclusion.
I know and believe that many investors had to, out of habit seek the refuge of Gold in this time of uncertainty. The only way Gold did not go up is because of sellers and they must have a reason to protect their investment.
The only way a commodity can be sold to protect an investment is because the rise in the price hurts the interest of that person.
A single person does not have the power to hold a stock or commodity down so I believe in this case it is a concerted effort by some groups to hold the POG down.
Knowing that a just conclusion is going to be the outcome I invested more in Gold stocks today and will continue over a period of time to increase my investments in Gold.)