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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: goldsheet who wrote (51417)4/14/2000 3:41:00 AM
From: Alex  Read Replies (2) of 116762
 
<<Fundamentally, there is just too much available supply.>>

To me the question is - is the supply of gold increasing at a faster or slower rate than the supply of greenbacks? What is the ratio of these now compared to the historical ratio? It may serve some to talk up the supply of gold, but you have to ask the question - as compared to what? Nothing operates in a vacuum, and gold is rarer today than it has ever been, IMO, as compared to fiat.
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