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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NOW who wrote (110951)7/1/2001 5:57:09 PM
From: craig crawford  Read Replies (2) of 436258
 
i'm not sure anyone knows the exact figure of gold loaned out. but one thing i am certain of. since the agreement to limit gold sales and loaning back in 1999, gold is slightly lower and has made new lows. so obviously it hasn't stopped gold from falling, which lends support to my assertion that gold could easily fall to $200.

in the last 20 years gold has fallen from $873 to $252, an over $600 decline. is another measly $52 really that implausible?
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