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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (36563)	3/22/2007 1:23:07 PM
From: TrueScouse	Read Replies (1) \| Respond to of 78419

Tom: Gold supply and demand? What's that!?! <g> I'm still a believer that gold is primarily a currency and supply and demand don't matter much. We're in the middle of a huge commodities bull market which leads to massive increases in the wholesale prices of "stuff". Eventually that's going to show up in retail prices of "things" -- especially as China and India grow and wage levels there increase. So, down the road, major increases in the CPI, which is perceived as "inflation". Meanwhile, the Fed continues to churn out cash (real inflation) to cover the increased cost of things. The US$ continues to drop, other currencies are not much better, and gold goes to the moon! :^) JMHO! <g> Best regards, Howy