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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.38+2.7%Nov 10 4:00 PM EST
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To: carranza2 who wrote (25894)11/30/2007 3:45:15 PM
From: Cogito Ergo Sum  Read Replies (2) of 217670
 
It seems that as a country goes up the development scale, it adds bullion to its reserves. ROTF... Then us Canucks must be the 5th world :O)

The Bank of Canada, for example, has sold most of its gold reserves and held just $78 million US worth as of September 2007. But recently, the wider demand for gold has offset central bank selling as the weak U.S. currency had investors rushing into gold.
cbc.ca

The Black Swan
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