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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.28+3.8%Nov 28 4:00 PM EST

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To: Ironyman who wrote (29151)2/28/1999 9:29:00 AM
From: Enigma  Read Replies (1) of 116790
 
Eric <<Yes, but it has been absorbed and dispersed. You cannot purchase it back on a whim>>

I agree - but because it's been dispersed it's not a threat on the supply side unless there's a huge run up in price and we get into dishoarding.

I agree that some gold is consumed and lost - but a high proportion of gold ever mined must still be around - even as gold leaf in churches around the world. dd
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