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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Paunch who wrote (7476)3/3/1999 11:14:00 AM
From: Ed Devlin  Read Replies (1) of 11603
 
Paunch --

I also heard (yesterday?) on CNBC that the government of India is giving incentives to people there to invest in gold-backed government bonds instead of buying metal. If successful, this was seen to take about 50 to 100 tons out of the gold production deficit.

Hope it's a false rumor.

As John Maynard Keynes (I think) said when asked about the market, "The stock market will vary."

Best,

Ed
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