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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: KyrosL who wrote (103444)	5/19/2001 3:51:09 PM
From: yard_man	Read Replies (1) of 436258

I think you are simply offering a rationalization (frankly, I expected to hear this out of the financial press and was just trying to figure out why I didn't -- I think I know why) -- gold's rise with at the same time as this is just coincidence or correlation -- not the cause. We've had a series of skirmishes and gold went nowhere -- something else is at work here -- I have some hunches, but I'm loathe to discuss. I won't convince you or anybody else, but I'm comfortably posiitioned given my own read on things. Do you believe the leasing, central bank sales, derivatives and the like have in recent history become serious drivers of the gold price or not? (I will leave you with this -- I think it is very possible that energy prices become less of a concern 12 - 18 months out and gold still rises considerably from these levels ...)

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