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

To: E. Charters who wrote (90999)	11/10/2002 10:59:19 AM
From: Zardoz	Read Replies (1) \| Respond to of 116906

There are certain people that no matter what their intellectual co-efficient, go along with the status quo.They may be rebels in many ways but they tend to lump with authority and power as they feel they cannot change it. Just when you think everyone is out to get Eric, you then realize: They've had you in their sights all along. Welcome to the "Rat Trap".

To: E. Charters who wrote (90999)	11/10/2002 3:16:07 PM
From: goldsheet	Read Replies (1) \| Respond to of 116906

>I am not a Bob Johnson Basher. >He votes liberal That really hurt, I have never voted Canadian in my life ;) > Lets examine the "facts". I'm always amused when someone who wants to examine the facts does not have the facts. > Today with about 2000 tons of gold produced per year Try 2600mt, 30% more than your WRONG facts. Stopped reading there since I assume the rest of your "facts" and "analysis" were equally defective.

To: E. Charters who wrote (90999)	11/10/2002 4:14:29 PM
From: Jim Willie CB	Respond to of 116906

some back-of-envelope peak gold price calculations in the mid-1970's Sinclair used a simple approach take the total gold held by USGovt divide into the total USTrez debt held by foreigners the answer was #900 a similar calculation now offers an answer of #1550 take the old 1980 high of #880 (very close to Sinclair's estimate) now adjust according to a few criteria basic (under-recorded) price inflation comes from CPI index CPI-adjustment gives an equivalent of #1500 another (historical base definition) of inflation comes from MZM money supply MZM-adjustment gives an equivalent of #4000 I like Rich Russell's simplistic claim of gold meeting the Dow as the metal rises and the paper index declines they last met in 1981 at #850 or so Russell expects them to meet again at #3000 or so I think a meeting in price is absolutely inevitable who knows? maybe at #2000 or #2500 / jim