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


To: Jim McMannis who wrote (32332)4/22/1999 5:42:00 PM
From: long-gone  Respond to of 116764
 
It was inflation caused by the sudden demand in lead & concrete that drove the + in gold prices in 86 while burying the broken reactor..
Let's guess(not much of a guess) that a big chunk of our total economy is in the market:
YAHOO INC 36.894B
EBAY INC 20.781B
AMAZON COM 30.618B
AMERICA ONLINE 138.7B

total $ 226.993B
Now, if "the market" became convinced that inflation was a sure thing, 25% of the value of these could move to gold with ease: $ 56748000000

In oz of gold(@$289 per)? 49,089,965.4 oz

How much is "normal" demand????