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


To: Secret_Agent_Man who wrote (80652)1/9/2002 10:56:11 PM
From: goldsheet  Read Replies (1) | Respond to of 116770
 
> If this becomes a trend ....

It is an interesting idea, but putting it into perspective:

Annual gold production is 83.5 million ounces, or about 230,000 ounces per day.

GG+IMG is holding about 50,000 ounces, which is about what will be mined worldwide in the next 5 hours.