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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Casaubon who wrote (1183)4/21/1999 9:53:00 PM
From: ahhaha  Read Replies (1) of 3558
 
You misunderstood my previous post. It is aversion that causes the moves. Supply made available at higher prices makes price rise. Demand made available at lower prices makes price fall. You see this in public selling the bull move and buying the bear move.

Gold moves when no one knows what anything is worth; when value is completely relative and the relatives are changing erratically; when worth and value are disconnected. A corollary is when the currency is undermined; when the unit of denomination is variable.

The reasons always remain the same and will do so indefinitely into the future. Technology will not change this. Gold is the only material entity with unique properties which separate the individual from the collective. Technology subtly forces the individual into the collective and so gold and technology are antithetical. A rise in technology means a decline in freedom and a rise in gold means freedom is reborn.
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