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

To: goldsheet who wrote (93797)	2/26/2003 1:41:58 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116791

Interesting comments: #1--re: India...especially in light of the 10% VAT being (foisted?) upon their wholesale/retail distribution network which will be passed along to the consumer...might that have something to do with retail demand you claim is dropping. And just for the sake of discussion...at what point have you determined from your statistical perch that Indian and Chinese demand have not responded to higher gold prices. At the $262 point? The $272 point? $292 mayhaps? ....? .... ? I believe those kind of assessments re: India might just prove to be not only currently unfounded and more of the stab in the dark variety by other pundits, but... ...since Chinese "demand" is currently extrapolated from archane, infrequent and difficult to interpret "export/import" demand figures by State Department analysts--regardless of bureaucracy... I don't think there is a whole lot to support resistance to higher prices by Indian and Chinese statement you just posted... Just for starters... it's only the end of Feb 2003...and there's a whole lot of 2003 to go before I would be comfortable determining whether or not Chinese and Indian demand "resisted" higher gold pricing, and from what price above $252 that resistance showed up, for how long, and whether or not it "re-appears"... counterpoint? gold & platinum_tutor gold & platinum_tutor

To: goldsheet who wrote (93797)	2/26/2003 7:40:35 AM
From: Julius Wong	Respond to of 116791

Bob: >> Indian and China have not accepted higher gold prices << I agree. Due to increasing supplies of many products from new factories, they have decreasing prices, or increasing purchasing power of their currencies. They are in no hurry to buy many products because prices will be lower next quarter. But gold keeps moving up. I think they are puzzled and need more time to sort things out. Julius

To: goldsheet who wrote (93797)	2/26/2003 10:39:44 AM
From: long-gone	Read Replies (1) \| Respond to of 116791

<< it is going to take a big improvement in world economics to get electronics demand up >> Or just mix change, mil-spec to commercial / consumer electronics. When this Iraq problem is over we might see better spending on military electronics hardware.