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

To: Enigma who wrote (49068)2/15/2000 10:14:00 AM
From: Rarebird  Respond to of 116796
 
<I don't think the CBs etc., even equate the two. Gold is a reserve asset to the CBs>

Sure it's a reserve asset and a hedge against a falling dollar. But the more their confidence grows that they can maintain a strong currency, the less need there is to hold the same quantity of that asset.

Now that may turn out to be a big mistake on their part. But it is an investment decision.


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