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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: E. Charters who wrote (68857)	5/8/2001 2:47:22 PM
From: long-gone	Read Replies (2) of 116758

<<We are producing waymore gold than we used to in the 70's or even the 80's. (About double) If all the producers got together in a biggie conference and decided to cut way back on production, they could drive the price up substantially and save on costs. Basically we need to produce about 1/2 the gold we do now for the next 4 years. >> Is not the demand also greater and soon to explode due to China?

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