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To: goldsheet who wrote (143835)1/28/2009 1:17:07 PM
From: koan  Read Replies (2) | Respond to of 314064
 
>>
> They are sayig investors have replaced jewlry buyers

GFMS in Gold Update 2 (15 January 2009) shows 2008 investment
demand at 200mt, and jewelry fabrication about 2100mt.<<

Then one has to ask the logical question: "if jewelry demand is down 40% what is holding up prices?