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Pastimes : True Confessions -- Admit it -- you bought that stock
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To: yard_man who wrote (919)11/18/2009 2:41:49 PM
From: Real Man   of 990
 
FWIW, the key reason for dwindling profits for SA miners and
the halt of the run in 2002. Inflation is pretty high, north
of 8%, so this was actually inflation adjusted drop for POG
in ZAR, to 1931 lows. No, they are not running out of gold,
they are running through some difficulties coping with rising
labor and energy prices.

I would expect the coming gold mania to outpace fiat currency
fluctuations -g-



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