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


To: Real Man who wrote (95974)9/26/2003 9:56:39 AM
From: paul ross  Read Replies (1) | Respond to of 116766
 
I doubt it for a least the short term. Interesting comment from Searle Sennett over on Dutch thread about lack of physical demand in gold's rise so far. If paper has moved the market thus far,very easy for paper to take it down.

>>>The truth is that bullion sales have been falling every year and this big run on the gold price has been driven by futures and options ie paper gold and not by actual demand for the metal.<<<<

Message 19337178