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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Larry S. who wrote (875)9/6/2004 10:38:34 PM
From: Wade   of 972
 
Larry,et al,

My concern is that the lease rate may not be a good guide.

What if central banks coordinate attacks on the POG with unlimited supplies of gold at low lease rates, and ESF buys USD at the same time?

They probably can make tons of money and buy back their gold and dollar positions from these operations.
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