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


To: Elvis Jones who wrote (3031)11/11/1997 8:22:00 PM
From: Mark Bartlett  Respond to of 116834
 
Duke,

<<That reason alone is very bullish for the price of gold in the future, IMO. Again IMO, we are closer to a low price than a high price over the next 1-2 years.>>

In addition, lease rates are very high 3.70 % - in historical terms, almost as high as they have _ever been. This means the demand for the physical is there BIG TIME - just a question of when the finger comes out of the dyke.

MB