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


To: Hawkmoon who wrote (25009)12/29/1998 7:16:00 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
Ron / Rich,
If I may "butt in":
If I'm correct, the total amount of gold that exists is around 2-3 oz per person on earth. Now if demand were to far outstrip supply, their attempts to "settle in cash" could not hold back the tide. What I'm suggesting is we each go buy one more 1/2 oz. to keep at home!
I know that their ability to control things will come apart first with silver, as CB's simple no longer have the inventory. In the same vein, as they do not wish to admit gold has worth, they will not stop mergers, thus allowing a greater control by the suppliers.
I only suggest, if any of us wishes to buy a bit more anytime over the next year(or so), this week (prior to the Euro intro.)) might hurt them.
richard