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

To: PaulM who wrote (7199)	2/3/1998 8:18:00 PM
From: philv	Read Replies (1) \| Respond to of 116768

Paul: I agree with your assessment re: POG A good model explaining the POG is non-existent. Asia up, Dow down, C.B.s selling or buying, etc. have all failed the consistent test of time. Simply said, even gold is subject to the principle of Supply and Demand. It is looking like this old proven principle is asserting itself with Silver. When the western world, America and Europe start taking physical possession of gold, the price will react accordingly. For now, the dollar and equity markets are supreme, and until they are devalued, gold will continue its lack luster performance. Phil