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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (13768)9/25/2000 5:42:47 PM
From: Claude Cormier  Read Replies (1) | Respond to of 14627
 
Russet mon ami,

I guess we see the world through a different microscope.

The two things I would like to bring forward regarding supply are that, first, scrap supples have been going down I believe, and second, the major portion of CB supply is not coming from them selling the gold, but them leasing the gold. A big difference.

As for the world becoming more and more electronic, in my view, this is a plus for gold... a big plus. Cause in essence gold is a currency, money that has only been waiting for a way to get easily into the hands of people. The Internet and the digital world now will allow this. I will explain when I have more time.

In conclusion let me repeat the conclusion of a recent article by Ed Bugos at Safeheaven.com:

Many economists have been trying to prove the growing instability of this monetary system, or systemic financial market risk, and anyone that works for the gold industry should be on the same bloody page. It seems that the biggest obstacle facing the gold business today, is that investors have forgotten what the value of gold really is. Who can blame them? After thirty years of spin, the facts have obviously become twisted and distorted, rendering the truth far, far away.