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

To: posthumousone who wrote (86087)	5/29/2002 8:53:31 PM
From: E. Charters	Respond to of 116836

I would say jewelry demand is not the root cause of gold's bull cycle, which is postdating a 22 year bear cycle, but the increase in the M3, oil uncertainty and market jitters.. On the other hand, jewelry is 75% of world demand. It is not trivial, so increase in demand could spike gold, theoretically. What has to be born in mind is that gold is very inflation oriented and very poorly supply oriented, commodity theorists notwithstanding.