whats going on out there, page-6

I'm not sure where all this gold has "disappeared" to, but maybe it's good for making fertilizer or adding to oil? Maybe people have thrown gold bars out or something?

Cmon be serious, all the gold ever mined is still here. Don't believe the counter-attack from the gold bugs.


As an indication of the public's interest in gold now, following are the figures published by the U.S. Mint showing the amount of gold sold by the U.S. Mint in the form of "American Eagle" coins bullion sales (in no. of ounces):

No. of Ounces

1997
771,250

1998 1,839,500
1999 2,055,500
2000 164,500
2001 325,000
2002 315,000
2003 484,500
2004 536,000
2005 449,000
2006 261,000
2007 198,500
2008 (thru May) 182,000

Looks like "demand" has gone through the roof. Yeah right.