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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Cogito Ergo Sum who wrote (25418)12/12/2003 12:35:20 AM
From: Stephen O  Read Replies (1) of 39344
 
I think some of the rout in gold stocks can be laid at the feet of the new Gold Bullion Securities that started trading in London on Tuesday. Brokers were selling gold mutual funds at a large profit and which in turn were liquidating gold shares. The Brokers were then buying the GBS's to keep their gold exposure.
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