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


To: goldworldnet who wrote (74294)7/31/2001 11:24:29 PM
From: marek_wojna  Read Replies (1) | Respond to of 116815
 
Try to profit from it. BTW, people of the world are mature enough to understand there is no need for CB's to keep gold, we all know that with the reserves in their vaults they are able to keep present trading range for many years ahead, unless currencies collapse. Now, for me their practice doesn't seem legal as it means price control spread out over many years ahead. Gold is only commodity which price is regulated. Maybe GATA should press for faster auctions, so we could enjoy free gold market few years down the road.



To: goldworldnet who wrote (74294)7/31/2001 11:24:38 PM
From: long-gone  Respond to of 116815
 
Yeah, won't matter, gold production will drop a tiny bit due to strike, India demand will be KILLER, US 4th quarter demand will shock & improve over last year by 1.5-3.5%. Then we will get the hard 4th quarter pop I predicted, but I'll bet I was wrong about the amount but right about direction. It will be smaller but shocking none the less.

Then the magic may well start next year as production begins to wane.