Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Wharf Rat who wrote (386)	6/12/2002 11:26:27 AM
From: Jim Willie CB	Read Replies (1) of 89467

India conflict presents strange split in gold effects if war/conflict tensions remain high, then many wealthy Indians put their money into gold, exiting banks, think about moving out of the country, with their money more mobile in the form of gold if detente rules the day, then weddings continue as planned, more weddings take place, and dowries are presented in the form of gold surely some weddings will go off despite conflict surely some wealthy will secure money in gold despite detente my personal take is that those who WATCH India-Paki tensions are the main buyers of gold India remains the largest cash market for gold in the world 85,000 tons per year in jewelry those guys dont trust banks much, nor paper crapp money why the Western World does is beyond me / jim

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