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

To: russwinter who wrote (69125)	5/14/2001 9:51:17 PM
From: lorne	Respond to of 116927

Gold producer supply only affected at $250/oz. " However, a recent Standard Equities report forecast that some 35 per cent of world supply - about 900 tons - would drop out of the market over the next eight years, owing to the low gold price." " Gold price weakness could also lead to more official sector sales. "It is conceivable that central banks could increase their levels of disposals if mines began to close, particularly as rising prices would provide an obvious justification for higher central bank sales," Macquarie writes. In fact, the banks are already doing it, it says." Fukk story >>> m1.mny.co.za