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

To: goldsnow who wrote (5883)	1/14/1998 8:04:00 PM
From: Gabriela Neri	Read Replies (2) \| Respond to of 116759

If gold is at an 18 year low while demand is at an all time then one can interpret this as either an irrationally low price or as a price which is going much much lower.

To: goldsnow who wrote (5883)	1/14/1998 8:04:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116759

goldsnow, I agree with you completely on POG. China is another matter.I believe they need one thing to grow.Oil.They are cutting deals agressively on oil fields right now.I think eventually they will turn to the middle east with not so friendly thoughts...Can Iran really "ride the tiger" and get off without getting chewed?I don't think the USA has a clew about China.I've got a friend that moved his factory there.He did it to survive(cheap labor).When China is strong enough, the gloves will come off.I wouldn't want to be owning a factory in China when that happens. Dave

To: goldsnow who wrote (5883)	1/14/1998 9:13:00 PM
From: Abner Hosmer	Read Replies (1) \| Respond to of 116759

Goldsnow - In watching all of this turmoil in the East, it is interesting to note that India has quietly become the first to take constructive steps towards severing her dependence on the dollar, and she is replacing it with gold. India looks to be a formidable engine of demand in this current environment. Will she continue to be the only one? Tom