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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)
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To: ahhaha who wrote (336)9/3/1999 1:38:00 PM
From: tshane  Read Replies (1) of 587
 
"You are doubly confused in your statement that more currency drives up interest rates."

I don't think that was my conclusion. It seems to me that if corporations and government are trying to raise cash at the same time it might be necessary for them to raise the interest rate they are willing to pay to attract investors to buy their debt.

And as far as gold, I can't see why any country would want it's citizens to sell their fiat and buy, hold or trade gold. I don't think it requires a conspiracy of various governments because all of them would see gold as competition to their control over money management.

At least my post served a purpose, it allowed you project some of your anger and release some of that bitterness. Glad to be of service.
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