Re: gold rush

2003-10-02 Thread Eric Crampton
What's it been doing against the Euro?  $US has been taking a beating
lately in general

Eric

On Thu, 2 Oct 2003, chris macrae wrote:

 What do you feel is the main reason why there has been such a steep rise
 in the price of gold in recent times?

 Chris Macrae



Re: gold rush

2003-10-02 Thread Fred Foldvary
 What do you feel is the main reason why there has been such a steep rise
 in the price of gold in recent times?
 Chris Macrae

One reason is that Chinese residents are now able to buy gold, where it was
formerly more restricted.  Also, I have read that the government of China
is buying gold.  Also, the price of gold was depressed for so long that
once demand rose, others took note and bought.

Fred Foldvary


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