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


To: Tommaso who wrote (50625)1/21/2006 2:30:29 PM
From: Claude Cormier  Read Replies (3) | Respond to of 110194
 
- What I have read convinces me that a gold price of, say, $1,000 an ounce will result in an enormous expansion in gold production with new machinery and new technologies.

I don't think this is true. $550 is not even enough to allow for replenishment of current gold reserves and production rate. $1000 will likely be. But you will not see major expansion.

But the real story for gold is not supply, it is demand. Demand that will explode in the years ahead.



To: Tommaso who wrote (50625)1/21/2006 3:24:02 PM
From: Roads End  Read Replies (1) | Respond to of 110194
 
If you don't mind what tar sand companies are attractive to you currently?



To: Tommaso who wrote (50625)1/21/2006 5:50:22 PM
From: starhawke  Respond to of 110194
 
"These are certainly as truly oil as "goldmoney" is gold." - LOL. Too true.

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