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Gold/Mining/Energy : Precious and Base Metal Investing
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To: jpthoma1 who wrote (25)10/9/2001 12:58:18 PM
From: marynell  Read Replies (2) of 39344
 
Demand for gem-quality diamonds will collapse in the coming severe recession because middle-class buying will dry up. I don't know whether the diamond cartel can maintain the price. I think that the price of gold and silver will fare better in a severe recession that will diamonds and base metals. BAY and FGX are my largest holdings.
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