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To: YanivBA who wrote (53620)7/19/2006 5:42:08 PM
From: NOW  Read Replies (1) | Respond to of 116555
 
the real question then is , for gold, when does it stop acting like a commodity and more like money...
initially, one would think that the removal of carry will be devastating: but how far out are the sophisticated gold buyers looking....certainly many like myselves still think they will have achance to load the boat at lower prices



To: YanivBA who wrote (53620)7/19/2006 10:15:07 PM
From: John McCarthy  Read Replies (3) | Respond to of 116555
 
YaniBA -

Would you walk thru the steps (A, B, C) as to why the
loss of the Carry Trade is bad for gold.

I know your saying something .... but I can't see ...
and need a lightbulb.

thanks,

regards,
John McCarthy


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