PHLX Gold/Silver Sector (XAU)

[long-gone]

To:long-gone who wrote (183)
From: John Barendrecht Thursday, Jul 3, 1997 1:56 PM
Respond to of 79916

Start work at 7:00, I'll try taping it - thanks. The other thing we have to remember is that the POG is down in US dollars - when I get home, I'll find the link to POG in A$. Spot gold just hit $323.90 or down $7.10, don't think I've ever seen such a large one day drop, especially when it was up $1.50 before the landslide. Most of the CB selling should be behind us and if supply/demand ever determined gold prices, then they should go up as mining only accounts for 90% of demand. I'm north of the 49th, so I have to work tomorrow.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=1701604