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To: steve susko who wrote (81002)3/15/2001 4:09:37 PM
From: pater tenebrarum  Respond to of 436258
 
well, it is doing so right now...but i think it's possible that the fundamental supply/demand situation in gold gets so constrained that the negative correlation could break down at some point...to wit: PDG is going to close down a 240,000 oz. mine in Montana...the latest in a series of closure announcements made in recent months. there's practically no exploration going on...supply is going to dip sharply in coming years imo.