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<p>[QUOTE=&quot;10gary22, post: 975727, member: 23626&quot;]Granted ! But the amount required is not enough to provide the demand required to stabilize the market. If it were, then price would more closely follow production costs. Today gold prices are well above that. Mines here in Nevada have stepped up production, and that alone would place downward pressure on the pricing if it was a significant factor. Gold as Jewelry is still a Luxury Commodity. Once gold is placed in the market place it stays there. Not like oil or corn which is consumed and must be replenished. The amount used by the computer and other industries is not enough to drive the market. Like the silver in photo processing. It&#039;s just not enough of a percentage of the market, IMHO</p><p>&nbsp;</p><p>gary[/QUOTE]</p><p><br /></p>

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