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

To: Ahda who wrote (68700)	5/4/2001 2:25:32 PM
From: E. Graphs	Respond to of 116914

Darleen, Thanks! Looks like the market is pricing in the whole US surplus to help pull it out. One way or another they will get that surplus.......even if it's in a bread line. Talk about going full circle! Good luck to rational thinkers. Looks like the market is still very frothy. Imho, gold mining will have to recover either way. It's a bottom play which gets no froth and no hype from the TV financial news. If they keep the price of gold down, mines will continue to close and cause shortages. If we have inflation, the price of gold will go up. I believe ABX's CEO recently said that the CB's can only supply 10% of the current gold demand. Imho, gold mining is a down and out sector ready for a break. E