Gold bugs should not get too excited

AUSTRALIA - Predictions of a sustained increase in gold prices are not expected to be realised. The reason for the lack of a sustained revival is the poor business foundations of the gold industry.

Original Article By Adele Ferguson, AUSTRALASIAN NEWS ABSTRACTS, BUSINESS REVIEW WEEKLY (ABSTRACTS) 14/02/2002 P12

Unless the fundamental aspects of the business are improved, gold prices and the share price of gold companies will again retreat. More than 70% of gold produced around the world is allo