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

To: John Barendrecht who wrote (3096)	11/13/1997 12:03:00 AM
From: HKBrittain	Read Replies (1) \| Respond to of 116821

Can someone tell me where, on-line, to find daily pricing on the 1oz. American Eagle gold coin? Thanks. Kim Brittain

To: John Barendrecht who wrote (3096)	11/13/1997 7:15:00 AM
From: Mark Bartlett	Respond to of 116821

John, <<'Global Gold Market Deficit Is 700 Tonnes Larger Than Consensus Estimates - Aggregate Short Position Too Large To Be Covered'>> Interesting article .... there are always reasons why things are the way they are .... just a matter of digging up the truth. Seems to me, a nice run on buying could be all that is needed to really cause a squeeze. Now we have a better sense of why the "experts" are so negative about gold .... if it were to be in hot demand, global economies could be in trouble. There is a fellow on Kitco who has a theory that gold is being used to acquire loans to get countries out of hot water. These loans get more expensive as the price of gold rises .... another reason for the "experts" to be in the "gold is dead camp" .... got to keep those loans down. Apart from the futility of that process, it does indicate that gold is far from dead as a store of value - in fact it says just the opposite IMO. Silver heading up this a.m. ... seems to be dragging gold with it. Personally I do not think the finger can stay in the dyke much longer ... sooner or later the buying pressure will be too great and all hell is going to break loose. MB