> >So, in gold terms their revenues will have downward pressure when the gold > >price rises. > > > >Danny > > > classic, another prediction! > > someone make a note!
It's not a prediction, it's a simple mathematical deduction. I remember it was you who told here that the average customer on a casino is worth about $400 If you spend more to catch your average customer the casino will loose money and go out of business. So, if gold is at $380, the average customer will bring in about 1 ounce. If gold is at $4000, the average customer will bring 0.1 ounce If gold goes to $40, then the average customer will come with 10 ounces. Just suppose gold is at $40 tomorrow. Instead of 1 gram bets, many people will do 10 gram bets, because in their mind is the same amount of dollars. The TGC revenues in gold terms would rise dramatically if the price of gold drops so low. Too difficult for jpm? Danny --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
