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


To: goldsheet who wrote (89424)9/9/2002 7:31:46 AM
From: d:oug  Read Replies (2) | Respond to of 116804
 
Thank you Bob for setting the record staright with your:
.
"There should be no views on the website to compare
to my personal opinion expressed on SI."
.
Guess everyone here now has the opportunity to decide
if your "hidden resource" that allowed you to say:
.
"... amount of [production]gold in the marketplace goes up
... making a derivative crisis less likely."
.
Meaning, the physical gold available on the open markets,
after regular demands as noted these past years, is reaching
a level that will allow a re-stocking the vaults of cental banks
in a manner that the suppy-demand equation is neutral, as in
no increased pressure to raise the gold price.
.
Yes, this is true with the conditions that central banks vaults
can have returned all the physical gold then lent out on loan
for tiny rates to them folks that then sold it to supply the demand
so that the gold price reflected a material that is over stocked
and available in quanity without any wait or premium.
.
Yes, if true than the amount pointed to by these paper vehicles
must be equal to or less than the current extra physical gold
on the markets ready for delivery.
.
ok Bob, tell us the amount of physical gold available,
that is in excess to normal usage taken deliver of,
and this is the amount the central banks of the worlds need
to fully bring up to levels they had before the leasing.

doug