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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (17208)	12/3/1998 3:33:00 PM
From: Zeev Hed	Respond to of 18056

John, I do not say gold is going to $200, because of residual gold worshipers around the world. But, until the supply demand relationship gets back into equilibrium (meaning a healthy economy in Asia, higher oil prices and the passing of the current deflationary pressures), gold is risky. When these part of the population where leaning on the demand side, the unloading of gold by CB's was sufficient to cap the POG, with these segment taking a "breath", continued unloading may have a negative impact, IMHO. Zeev