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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (256)1/20/2003 11:37:59 AM
From: Claude Cormier  Respond to of 7833
 
CD,

Maybe. In 1979-1980, I would never have imagine gold moving to $850.

Here we are today. World Gold inventories have increased some 35% since then... but global monetary aggregates have increased 10 fold.

Do you see what I see.

If you look at James Turk fear index, you will see that even a price of $904 doesn't bring us anywhere near the highs of 1980.


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