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


To: TD who wrote (7086)2/1/1998 10:27:00 PM
From: Mark Bartlett  Read Replies (3) | Respond to of 116796
 
TD,

Have you seen: investor1.com

It is an analysis done by Ron Struthers who writes the Resource Stock Advisory newsletter. It gives some numbers re: supply/demand etc.

If you have not had a look, you may find it interesting.

As far as Y2K is concerned, I am reading Time Bomb 2000 now ... interesting stuff. As to how much will actually happen, who knows; but it certainly makes you think. As to runs on financial institutions, it looks to me like these situations are almost on people before they know what hit them. If things really started to fall apart, gold will have a role. But if someone were really paranoid, they had better ensure they have extra food, medications, heating fuel, currency, gold, and whatever else they need to see them through the tough times.

MB



To: TD who wrote (7086)2/2/1998 12:29:00 AM
From: philv  Read Replies (1) | Respond to of 116796
 
TD: As you know silver, unlike gold is being consumed in industrial applications. I have recently read that usage is up even in the photographic industry last year. But, silver can also be used as monetary exchange. The supply at COMEX is at a 13 year low presently.
Most of the gold ever mined is still available, (above ground) as very little is actually consumed. Perhaps Ole 49r can tell us how much gold is lost in discarded jewelery.

Phil

P.S. If all the monetary gold was to be released, the world would have enough supply for 40 years.

fame.org