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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Pacing The Cage who wrote (9977)3/11/2004 6:30:06 PM
From: Jim Willie CB  Respond to of 110194
 
sure, miners might benefit
but we could get oversupply of gold
only sure thing is surprises on many fronts

I doubt this, since mining methods have nothing new on horizon
Lassonde of Newmont pointed this out
Do not expect gold supply to increase with higher prices. Twenty years ago, new chemical processes (heap leaching, roasting, auto-claving) aided the mining industry. No such developments have come to the industry recently.

/ jim


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