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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (20831)4/30/2004 12:55:29 PM
From: Jamey  Read Replies (1) | Respond to of 81238
 
Searle, I think that gold is in a generational bull market unlike the rise and fall of the eightys. China will continue to make gargantuan demand for gold and all other metals for many years to come. This demand can only increase as China grows toward capitalism.

The other volatile mix that will keep gold prices increasing is the U.S. desire to stick their noses in Middle East policies in order to assure a continued supply of oil. There are also those who believe that Democracy must be forced down the throats of Muslim nations who will fight it to the last man.

Gold will be volatile but I am certain that it is in an uptrend that will continue to be positive for a long time.

James