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

To: Eashoa' M'sheekha who wrote (21602)	10/14/1998 4:48:00 PM
From: E. Charters	Read Replies (3) \| Respond to of 116764

I can predict the future given all the effecting variables. When they hide the data and the variables its tough. Who is buying gold and why? Who is selling and why? The CENTRAL BANKS are NOT selling gold. So who is. The IMF? The supply is at an all time LOW. South Africa produces a fraction of what it did. Canada, Brazil and Australia have reduced their output. Russia is moribund in gold production. So tell me why is it at a low price. DERIVATIVES. This market is no fully matured and at a dead end. IT HAS TO RISE. All the gold borrowers SOLD their gold! Some 8000 tons. There is an enormous GOLD debt. It can only be paid back by production as all the gold borrowers are bankrupt! EC<:-}