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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (24064)	10/10/2002 1:08:08 AM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

Is there a measurement of gold sales for luxury purposes chart somewhere? Mq, the gold market is divided between "fabrication demand" (jewelry, gold leaf, electronic parts, etc.) and "investment demand" (bullion, coins, etc). I'm too busy to look at it right now, but here is a Google search on those terms. As usual, some of these sites have a biased point of view... google.com Keep in mind that right now a lot of gold miners are delivering part of their production directly into the hedge book, rather than supplying it to the open market. Presumably this is all going into the government central banker vaults it was borrowed from. Sort of like extra bales of mohair, tubs of butter, and bushels of grain going into government agricultural surplus programs. The amount of gold going into the hedge books is about equal to the reduced demand so the price of gold is stable. But what happens when the miners finish unwinding their hedges? If demand doesn't increase by then, the price will surely fall!

To: Maurice Winn who wrote (24064)	10/10/2002 7:13:57 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Dear Maurice, bit by awful bit, willy by the nilly, slowly but painfully, with purpose and dedication, we are being led by the Force to the slaughter space, where all will be worth-less, but some relatively more. A few of us will emerge from the experience fabulously wealthier, and most much wiser. I do not wish to be wiser. GE is going down, by the numbers, due to the Force. At some point a major fraud to shame all frauds will emerge. You feel it in the perturbations of thew Force, and sense it in the noise of the market. <<I have become suddenly enamored of the idea that gold is a luxury purchase more than a monetary haven>> I am at the Beijing airport lounge and cannot access my post about the changing phases of gold. Please know that you are wrong about gold, especially in an environment where faith is no more, trust is four lettered word, and everything will be worth-less. Please also know that you are not only wrong, but you are so very wrong. You are not one with the Force. <<Is there a measurement of gold sales for luxury purposes chart somewhere?>> Yes, but I can only point the way forward to your journey of discovery about the Force (I have them down, seared into my chrom-plasma memory bank): theminingweb.com thebulliondesk.com and look for The World Gold Council reports. <<I am also feeling like a crustacean, holding on in the crack in my rock as the waves break over the world>> You may be holding on to the inside of a lobster trap. Do you like sauna? Chugs, Jay