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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.09

-13.6%

Jan 30 4:00 PM EST

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To: Enigma who wrote (38751)	8/10/1999 3:08:00 PM
From: Richard Mazzarella	Read Replies (1) of 116955

DoubleD, <<Define 'surplus'>> Gold available to the market above demand. This can be real or imaginary, who cares which, it can even be forward selling, it keeps the price in balance, supply and demand. For all we know some are lending metal they don't own, who cares, someone's books balance. When someone finally asks for their metal and there is none to give, then the price will rise, maybe 20 years from now? <VBG>

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