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


To: Real Man who wrote (95529)6/28/2003 5:19:23 PM
From: goldsheet  Read Replies (2) | Respond to of 116764
 
I'll give dehedging (going from negative to positive) most of the credit for the gold rally.
Investment demand is still relatively small (about 15% of total demand even after being up 150%)
Most goldbugs just don't put their money where their mouth is and actually go buy physical bullion.
Let's see if they step up to the plate when NYSE:GLD is offered (6 million ounces)