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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 366.09

-0.1%

Nov 6 4:00 PM EST

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To: GST who wrote (25575)	8/23/2011 9:19:20 AM
From: ecrire	1 Recommendation Read Replies (3) of 29622

Gold jewelry demand has accounted for 60 to 70 percent of yearly production. Is all this demand supposed to be replaced by central banks and investors,not to mention additional supply from meltdowns? I think hardly likely. But it's the type of thinking that goes along with very exaggerated price projections for the future.

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