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Strategies & Market Trends : The New Economy and its Winners
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To: Rarebird who wrote (26715)12/30/2005 11:53:10 AM
From: Madharry  Read Replies (1) of 57684
 
I am not sure how far back you go with your record keeping but logically I would expect the ratio to contract as the price of gold goes up, as gold companies should be earning accelerated profits at the margins. I believe your model implicitly assumes gold is range bound.
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