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To: marginmike who wrote (209494)	12/13/2002 2:15:56 PM
From: Cynic 2005	Respond to of 436258

Indian families buying all that gold should be declared anti-American 'cause they are, to some extant, causing almighty dollar to drop. Here is a perspective from the gold manipulation cartel -g- In the fourth quarter of 2001, Smith forecast an average price for the metal this year of $315 (with a $355 high). That view will turn out to be correct if the gold price exceeds $330 for the rest of December. Smith has long believed the traditional buyers of gold, Indian families with discretionary rupees to spend, are turning to more practical purchases, like Nintendo Gameboys and mobile phones. cbs.marketwatch.com The definition of "practical purchases" is dependent on what your investment position is, isn't it? -g-