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


To: long-gone who wrote (89383)9/8/2002 2:43:19 AM
From: goldsheet  Read Replies (1) | Respond to of 116796
 
> Oh, I'm interested, but those factors won't change North American demographics.

Huh, what does North America have to do with it ?
I guess you did not take a look at the WGC site as I suggested:
Current: gold.org
Historical: gold.org

Total North American demand runs about 550mt per year, and is runnning flat (115.2mt for Q1-02 vs. 116.4mt for Q1-01)

Meanwhile Indian demand runs about 850mt per year, and is runnning down 40% (149.8mt for Q1-02 vs. 249.7mt for Q1-01) 100mt less per quarter is significant and can not be made up by demand elsewhere.