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


To: Tommaso who wrote (74971)8/14/2001 10:41:15 AM
From: Claude Cormier  Read Replies (1) | Respond to of 116770
 
<Do you know of any graphs, tables...>

No. I don't.

< that any rise in the price of gold automatically makes lower-grade ores worth processing, resulting in a self-limiting effect on prices? >

Yes.. in theory. But this takes years to get in place. Once the movement starts to the upside, gold will reach new highs and will become overvalued, only then will it settle at a new equilibrium price.

<I own bullion and gold stocks, and would like to see the price go up. >

Same here. It is inevitable that they will rise.