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To: Ken Benes who wrote (74721)	8/9/2001 9:51:23 AM
From: long-gone	Respond to of 116836

Just as I said before(and am now being proven correct), investment demand in platinum group metals is being reduced because Honda announced they will be selling cars & technology that reduces demand for those metals by 50-70%. For the last 4-7 years there has been as strong a mantra coming from Wall Street that "If you must invest in precious metals only invest in platinum group metals" as "Put no money in gold". 1) People are(slowly) swinging those assets from the PGM's to other places. 2) Some of these monies will stay in precious metals, but few still consider silver as "precious" so it moves ito gold. 3) GM head yesterday started PR blitz against the strong dollar. 4) The techs still REALLY SUCK. 5) Hedging of gold from miners lower. 6) Less production coming, if not yet here. Remember, all markets project into future. 7) Strong demand for German deuthcmark(sp) gold coin. 8) VERY strong seasonal demand in India this year.

To: Ken Benes who wrote (74721)	8/9/2001 10:05:57 AM
From: long-gone	Respond to of 116836

Think about it, while this administration may in word support a strong dollar, but have said more often that free markets must remain free. They won't intervene into the value of the dollar by selling gold. Of more importance, the Euro currency is being released for everyday use. Europe doesn't want people selling marks or francs for $.