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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (744)	5/28/2002 4:46:58 AM
From: Baldur Fjvlnisson	Respond to of 974

He's probably long the U.S. Peso. And corpses like ML.

To: TobagoJack who wrote (744)	5/29/2002 9:00:06 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 974

the present bull market resulted from "less selling, not more buying"....as clearly indicated by London Bullion Market Association (LBMA)...: lbma.org.uk The Value chart is not in tonnage, it's in (har har!) BUS$. Looks pretty much similar to the price chart (>> constant volume?...) Plus it looks like the chart is about to break the downtrend corridor to the upside. re "New (gold) is marginal to second-hand inventory. Second-hand supply dominates. New supply is residual" mips1.net "Add to the mix shrinking supplies (2,500t) of new gold against increasing demand (3,500t) and you have a market undergoing a slow, steady return to balance. Current deficits are being made up with scrap and official sales, but they do not represent an indefinite supply and it's exacerbated by a virtual cessation of exploration activity. At the current rate of supply reduction the world may become entirely dependent on above-ground stocks as soon as 2010-12." Any other facts? The comex volume has been picking up since oh well start of the year. Can we apply the maxime "where there's smoke, there sure is some fire" aka real volume as well? dj