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


To: Mark Bartlett who wrote (8696)3/22/1998 9:01:00 PM
From: Lalit Jain  Read Replies (1) | Respond to of 116762
 
Mark,

This time may be different for POG to react favorably.

1. Speculation that WB has bought Ag as a potential investment for Ag-Zn rechargeable batteries.

2. Decrease in the world oil supply by about 2M bls. Oil prices spiking up to $16/bbl.

3. A millennium gold coin being planned. Expect a big demand from all over the world.

4. Closing of hedge positions, and closing of many uneconomical mines.

5. A willingness by large gold producers to support the price og gold.

etc. etc.

I think will put upward pressure on POG, at least over a 6-9 month period.

Regards, Lalit Jain