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Gold/Mining/Energy : Silver prices
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To: Alan Whirlwind who wrote (2157)9/24/1999 7:33:00 PM
From: Ron Struthers  Read Replies (2) of 8010
 
Alan, not in particular either. Silver will move simply because the
market will run out of supply.

The Gold market is like one we have never seen before. Gold is way
under valued and with the low price demand has skyrocketed. Their
is a huge short position over hanging the market with no sellers
of gold left to cover. The price is going to have to come way up
to reach balance. Once that happens the inflation or deflation forces will have more influence.

Deflation could really benefit gold because in the last
deflation (1930s) there was not the massive amount of
government, consumer and corporate debt. A deflation in
todays economies would cause massive debt default and
plunging currencies like we had a prelude to in Asia.
This would cause a run into the only currency that is
not somebody elses liability, Gold

Ron
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