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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: .Trev who wrote (7695)9/7/1999 1:09:00 PM
From: goldsheet  Read Replies (2) of 81226
 
> Looks to me as if Bob's systematic and logical approach has still
> some distance to go, but is headed in the right direction, of
> making the whole thing a good deal more transparent, and
> understandable.

It's the method I have always used, and I was warning about production (supply) increases back in 1996. It was as simple as looking at supply-demand, no need for complicated theories, to see gold should not have been near $400 then. I still find it difficult to believe one would invest in a industry without a basic understanding of its dynamics - supply, demand, production, major players, market share, cash costs, etc.. If the macroeconmics of the business are not favorable, most firms will not do well.
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