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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (481)	7/9/2001 3:36:19 AM
From: maceng2	Respond to of 1643

Hi craig, I agree with that older article in some ways. Business is much more efficient with use of the internet. I know this from the chip business. A website is much easier to update then a databook, it's great being able to order stuff with just a few button pushes. Finding what you want at a competitive price is much faster overall. This (internet) business is now already well established. Sure, only a few percent of transactions are currently over the net, but for business to business I see that as increasing significantly. At the same time the internet companies have to stop dying like flies for things to improve. It may take a while for this to work through imho. Of course every "bricks and morter" company can be a "internet company" just by buying a few PC's and creating a website. Sure... they may have to hire some IT guys, but those guys get more affordable every day -g- Message 16045754 Excellent synopsis on the worlds currencies wrt gold and commodities btw (msg 479). I am not an expert on economics or currencies, but it clarifies a picture I already hold..thanks.

To: craig crawford who wrote (481)	7/9/2001 8:04:50 AM
From: craig crawford	Read Replies (1) \| Respond to of 1643

Russia may produce 150 tonnes of gold this year - prognosis cnniw.yellowbrix.com Source: ITAR - TASS News Wire Publication date: 2001-07-03 Arrival time: 2001-07-09 MOSCOW, July 3 (Itar-Tass) - Russia may produce up to 150 tonnes of gold this year, PRIME-TASS reported citing officials from the Gold Producers Union. The country produced 36.4 tonnes of gold in the first six months of this year, an 8.3 percent increase from the same period in 2000. Some 300 kilogram of gold are produced as by-products or reprocessed from scrap, according to the officials. They said a timely prepartion for the gold-mining season contributed to the production increase.