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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Lalit Jain who wrote (39338)8/20/1999 3:53:00 PM
From: Bob Dobbs  Respond to of 116805
 
Lalit: Good post - one of the few which actually present a balanced perspective on the gold market.

Bob



To: Lalit Jain who wrote (39338)8/21/1999 1:28:00 AM
From: PaulM  Read Replies (1) | Respond to of 116805
 
Lalit, that article is a bit shocking if the newspaper is anywhere near mainstream.

In particular, this quote:

"Some analysts believe the quantity of gold on paper doesn't exist at all. That is, if everyone who "owned" gold tried to cash it in, the market would suffer a major crisis."

I think "physical premiums" are about to rise. (And query: if "physical gold" trades at a premium, just what exactly is traded on the Comex?)


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