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Gold/Mining/Energy : GOLD-XAU

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To: MUDMAN who wrote (749)12/19/1997 10:18:00 PM
From: Don Green  Read Replies (1) of 1756
 
Close to its production cost...

But is that really the issue.. Demand is the issue...

It doesn't matter how much supply there is... Even if the biggest holders of Gold.. dump it..

Suppliers will have to buy it up to try to support the price...

Remember Gold isn't like Oil... Demand is everything....

Regards
Don
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