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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (2911)2/22/1999 7:45:00 AM
From: Syncrude  Read Replies (3) | Respond to of 3282
 
Claude,

I can't figure out why you use ANNUAL supply only and not the very mobile INVENTORY? As for the current prices, it is exactly the indication that demand is being met with supply. People have been saying ad nauseum for the past few years that there is/was a short squeeze coming, but so far no evidence of this. We all better get used to the current trading band for gold with real risk that it could go even lower. Let's face it, there is simply lesser use for gold in the world today.