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To: Heretic who wrote (13857)6/27/1998 2:14:00 PM
From: long-gone  Read Replies (1) | Respond to of 116972
 
Look at #40 & # 42 here.
gold.org
rh



To: Heretic who wrote (13857)6/27/1998 11:57:00 PM
From: Bob Tate  Respond to of 116972
 
"..the consumption of gold in the countries monitored by the World Gold Council showed a decline of 55% to 342.1 tonnes during the first quarter of 1998."

Big rallies in gold are not triggered by consumption increase but failure of monetary system.
And system failure is what we have on hand today.



To: Heretic who wrote (13857)6/28/1998 2:24:00 PM
From: long-gone  Respond to of 116972
 
reed,
I guess, my objections to this are that it only tells 1/2 the supply / demand equation.
rh