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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: The Vet who wrote (76865)3/25/2008 9:04:03 PM
From: mishedlo  Read Replies (1) of 116555
 
It is neither a liquidity issue or a solvency issue

It is valuation issue.
Until that gold is actually mined there will be doubt it is there and/or it can be profitably mined. What happens if mining costs rise by 1000%

Mish
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