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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%4:00 PM EST

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To: Enigma who wrote (44229)10/28/1999 3:27:00 PM
From: ahhaha  Read Replies (1) of 116762
 
1. No. It's only bad for the bottom lines of producers. In many cases companies are forced to hedge if they wish to borrow to expand by prudent banks who are selling bullion. They have to expand or die, so they're DOA, that is, if they get there. The CBs decide our future. 99% of the world likes that idea. Why fight it? As usual there is a lack of objectivity here. You have to have the dough to effectively resist what the CBs will be doing to you, but you won't get there by having a prejudiced attitude. Our world pays you to chase whatever whore is in vogue. If you don't like that, you had better get wisdom and get the hell away from our world. Richard Harmon has expressed this attitude. He's an advanced soldier.

2. No. They would shoot themselves in the foot to do that. Just think, a gold cartel. Consider all those trusting mining companies agreeing to be eaten alive by their past incurred debt all for the great and noble cause.

3. thus, no, and no.
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