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To: long-gone who wrote (44961)11/13/1999 3:20:00 PM
From: Richnorth  Respond to of 116753
 
The Indians (of India), will always buy gold for cultural, religious, economic and financial reasons.

When they become more and more wealthy in the years ahead

(visit goldensextant.com./commentary5.html#anchor4076, and read article "Beyond the G-7: People, Dollars, Gold and Oil")

they will be buying more and more gold, and the pog should be going up and up. By contrast, the Chinese are now saddled with too much US$ reserves (and an inconvertible renminbi), do not have enough gold, and may be subject to potential losses due to US dollar-related problems.

It looks like the Indians will maintain and even raise the pog?