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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: nickel61 who wrote (2959)5/21/2002 5:49:23 PM
From: russet  Read Replies (1) | Respond to of 3558
 
18 million ounces sold short on the spot gold market over the last ten years has had a very depressing effect on the spot price of gold...YES I do believe that

You your fancy math skills to tell me what 18 million oz is as a percent of total world supply from scrap, disinvestment, central bank sales and mine production over the last 10 years and you will show yourself it is a very small number.

I bet your too lazy to do it.