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

To: long-gone who wrote (74761)	8/10/2001 1:03:21 AM
From: marek_wojna	Respond to of 116915

<<Are they cutting "their own throats" or amputating a part so survival of the remaining whole is assured?>> 20+ years of declining prices will lead to change attitude toward gold if the economy goes normal. Gold if lose its precious status will have a hard time to be priced above $100/oz. Recycling will increase. There will be no survivors from present miners, unless they change profile from mining to something else. Ps: I'm not alone in my scenario regarding collapse of economy, but if we are wrong, gold mining industry cut its own throat.