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Gold/Mining/Energy : Gold Price Monitor

GDXJ 118.97

-0.9%

Dec 24 4:00 PM EST

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To: Rarebird who wrote (54465)	6/16/2000 8:34:00 AM
From: long-gone	Read Replies (1) of 116824

Much of what will happen with gold price is also tied to the population growth of India - IMHO. The future of production, far less in the US(& to a lesser extent in Canada & Western Europe) due to environmental land grabs, will drive a + price impact. A lower tax rate on capital gains of in bullion going forward(if the current BIPARTISAN bill passes) may also matter greatly. The far lower amount of producer hedging can only be seen in + light. Today there is a trend over the last 6 months of a 8.1% gain(34% greater than the NASDAQ), still CNBC says near nothing. When gold was going nowhere - OK, tell us so. Why don't thye talk about it now?

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