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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lucretius who wrote (60323)9/2/1999 9:34:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
in what way is the dumping of gold connected with this...apart from the fact that gold has obviously trended opposite to the stock market. i mean, why should stock and bond markets care what happens to gold? the most widely held view at this stage is that gold has lost it's importance as a monetary asset, and people don't even regard it as an inflation measure anymore, due to it's peculiar supply/demand characteristics.

good night, hb
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