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To: Secret_Agent_Man who wrote (173059)6/16/2002 8:46:29 AM
From: Haim R. Branisteanu  Respond to of 436258
 
people seem a bit narrow minded regarding gold. Gold should grow along the GDP not adjusted for inflation due to natural demand.

Gold today at $320 USD is about the same as in January for Europeans. The USD depreciated around 10% so adjusted price for gold is around $288 not a lot of movement.

The USD depreciated so gold went up in USD not in EUR or AUD, IMHO