Forum Archive Index - May 2002

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Re: Re: Re: [sharechat] I have no gold shares! Alternative Strategy

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Thu, 30 May 2002 19:23:20 +1200

At a certain price, a massive amount of gold owned by households will be melted down till an equilibrium is restored.

I was there when that happened @$US500 an ounce, I believe in 1980? (Hunts-silver grab).

Obviously, we are nowhere near that point but economics always needs to be borne in mind, I think.

Gerry

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