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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 476.10+2.5%Jan 27 4:00 PM EST

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To: TH who wrote (15436)10/7/2008 3:19:58 PM
From: TheSlowLane1 Recommendation  Read Replies (1) of 29622
 
TH - I suppose that is possible, but I find it hard to accept that the tide can be held back indefinitely. Richard Russell said that at some point it will be in the interest of TPTB for the gold price to go as high as possible. I believe he said that would be when our creditors demand repayment. At that point it would be beneficial to have gold as high as possible so we could pay our debts with completely debased paper. I am not sure though that this will be what the creditors have in mind. Of course, by that point we could be in a global war over natural resources so it may be a side issue by then.

tsl
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