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


To: lorne who wrote (70596)5/29/2001 2:37:03 PM
From: Ken Benes  Read Replies (3) | Respond to of 116762
 
Russia sells a few ounces to help flood victims, and a gold rally collapses. The Chinese are projected to increase demand by almost 600 million ounces over a 10 year period and gold declines. There must be a reason!
Reality, the market knows that the producers will always be ahead of the curve with new production, and the market also knows that the cb's will be right next to the producers to get more supply to the market. End of story.

Ken