Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (68787)	1/3/2007 5:31:27 AM
From: Maurice Winn	Read Replies (2) of 74559

PB, I think gold will go down in value because it doesn't cost $600 to produce an ounce of it, even with oil at $60 a barrel. Also, I think the human population is going to plummet by 2100 and the world's "limited resources" are not going to be limited in any meaningful way for a century, or three. Technology developments will continue apace, reducing fuel per passenger kilometre by a longggg way. Nor will there be a world government centred in Beijing. Centred in cyberspace is more likely, but in a diffuse kind of way. Mqurice

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