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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (11492)5/17/2006 11:28:27 AM
From: E. Charters  Respond to of 78419
 
Gold was a 450 dollar 1998 dollar value average for many hundred years. Now since 1801 it has been at a 610-630 dollar range with some inconsequential dips.

Is the new range of price? Will it move up substantially to a new plateaux?

It may vault to 1015 dollar range in constant dollars and stay there for 100 years with some flux above and below. It has that pattern. Dips below 380 are unlikely in this scenario.