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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: lorne who wrote (37511)7/24/1999 1:54:00 PM
From: baystock  Read Replies (1) of 116785
 
<<Even though no central bank still redeems its money in gold -- and indeed, most central banks are selling it -- gold itself remains one of the most liquid and stable assets in the world. The entire stock of gold in the world changes hands, on average, every eight months, and more of those hands are private.>>

The part about the entire gold stock changing hands every 8 months is so obviously untrue that it unfortunately makes the entire article suspect in my eyes.
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