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

To: Crimson Ghost who wrote (64447)2/25/2001 1:40:14 PM
From: goldsheet  Read Replies (2) | Respond to of 116762
 
RE: Aussie idiots hedging at ultra low prices

The article also said: "The irony in the continued fall in Australian gold output is that local dollar gold prices hit a five-year high ($A507 an ounce average) in the December quarter of 2000."

the-privateer.com



To: Crimson Ghost who wrote (64447)2/25/2001 7:13:46 PM
From: long-gone  Respond to of 116762
 
<<Those Aussie idiots seem to think that the fact that gold output has fallen only slightly so far is a good thing. You would think that they would have learned something from the contrasting fortunes of oil and gold about the necessity to sharply reduce production >>

Isn't the reduction if lending the same thing as a reduction in production?


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