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Home > Kinross CEO notices paradox of falling Comex price, exploding demand

Kinross CEO notices paradox of falling Comex price, exploding demand

Submitted by cpowell on Thu, 2008-09-11 08:55 Section: Daily Dispatches

8:49a ET Thursday, September 11, 2008

Dear Friend of GATA and Gold:

MineWeb reports that in his speech at the Denver Gold Forum Kinross President Tye Burt acknowledged the paradox of the gold price falling on the Comex while physical demand explodes. Of course Kinross and other major mining companies do not yet seem ready to pursue this paradox far, but maybe it's nice to know that they may have this much awareness of what's going on in their world. You can find MineWeb's report, "Kinross CEO Burt Fires Up Gold Investors in Denver," here:

http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=62207&sn=Detail [1]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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Source URL: http://www.gata.org/node/6579

Links
[1] http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=62207&sn=Detail
[2] http://thesilversummit.com
[3] http://goldshow.ca/ch_tor2008.html
[4] http://www.NewOrleansConference.com
[5] http://www.gata.org/