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To: goldsnow who wrote (9996)4/16/1998 1:28:00 PM
From: long-gone  Respond to of 116915
 
RE: Indian gold demand
Goldsnow,
this is what i said several (maybe 6) months ago. What this article did not say, nor will anyone else, that they need to relate this demand to the size of this middle class Indian population in the world
10-20 years from today.
Just how high could this demand drive price then?
If this stock market is actually being driven by money with a 10-30
time horizon, why would everyone Not want say 15% in gold- or mining?
This middle class Indian population will be able to empty every ounce
from every central bank by the year 2010!
richard