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

To: Rocket Red who wrote (69509)	5/19/2001 2:39:19 PM
From: Gary H	Respond to of 116759

Some facts. Welcome... The purpose of this site is to offer a research link to understanding Gold as an investment. Some Reasons To Buy Gold Now!!! Gold is undervalued. The price of Gold (05/18/01) is trading at $287.40) per ounce From 1979 to 1999, the average annual low for the price of gold was $339 per ounce nearly 27% higher then it is today. From 1979 to 1999, the average annual price of gold was $386 per ounce nearly 45% higher then it is today. From 1979 to 1999, the average annual high for the price of gold was $455 per ounce more than 71% higher then it is today. In 15 out of the last 20 years,gold exceeded $400 per ounce. The price of gold is trading at 1/3 of its all-time high....... Uncertainty in the stock market, fear of inflation, rising commodity prices, world tensions, the expanding US trade deficit, its growing debt and a decline in the dollar will tend to increase the price of gold. This will indirectly boost investment demand for gold. goldmarkets.homestead.com