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

To: goldsheet who wrote (68052)	4/21/2001 1:13:14 PM
From: kirby49	Read Replies (1) \| Respond to of 116764

Bob: I too have had those thoughts, however It is the price It is the correct price Everything is included (all manipulations etc.) in the price It is a bear price, and has been for a long long time Are the bears exhausted? Are the bulls ready to run? Regards Bob

To: goldsheet who wrote (68052)	4/21/2001 10:00:52 PM
From: d:oug	Read Replies (2) \| Respond to of 116764

To:DougAK From: Bob Johnson "... maybe you should not be investing." But Bob, i am not investing in the Nasdaq or Dow or gold markets or futures or commodities or puts, calls, QQQ(whatever that is) etc. Just me and my Pink Sheet near belly-up'ed penny companies that need my investmints to pay employee's salaries. Sure, a few i hold seem 4Real, but the rest is like Chatters once spoke in characters that sounds like it's meaning and purpose - Har ti har har har. To:Doug A K From: Bob Johnson ... The price I must pay for my libertarian belief ... is reading your #%$^&(#@ posts. If you do not know the difference between NYSE, Wall Street, Dow, NASDAQ, and OTCBB maybe you should not be investing. NYSE = exchange nyse.com Wall Street = location Dow = dowjones.com NASDAQ = nasdaq.com OTCBB = otcbb.com ok Bob, now that we all have "not a clue" to the what or why of stuff i just posted, let me ask for help using a question and what if. mt = medieval ton tonne = metric ton = 1,000 kilograms = 2,204.62 pounds ton = 2,000 pounds(short ton) ton = 2,240 pounds(long ton) 1 pound = 16 ounces = 453.59 grams tonnage - the number of tons of water a ship displaces afloat freight ton - (unit of volume) of freight that weighs one ton Your posting had the following. [start.] If mine production stays near 2575mt and IF* demand continues to slow, maybe another 300mt to 365?, we will have a gap of only 1075mt. This can be easily closed by the historical average of 625mt of scrap and 450mt of central banks sales... There may be no need for forward sales, leasing, options, and all the other derivative tools allegedly used to manipulate gold prices.... If... one might conclude... correct price for gold all along was in this current $250-300 area. We might have ended up at these price levels eventually regardless of what producers, central banks, and bullion banks may have done over the last few years to hasten the process ?? [end.] ok Bob, but rather than focus on the price of gold, lets focus on supply and demand using the following to supply facts & figures in a Boogeyman fashion using Bill Murky as the BoogerGataMan. We have heard over and over that Central Banks contain enough physical gold to satisfy any demand, along with the case being made that they have been and will continue to do so. Fine, but now lets imagine that the Bundesbank of Germany puts out a call to have delivered to it 1,700 tonnes of physical gold. Can this be done using your thoughts that a correct price for gold in the current $250-$300 range remains valid? doug