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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (9112)6/18/2008 12:57:14 PM
From: TH  Respond to of 71405
 
Midland,

I agree with most of that, but the demand side has been mitigated by the investment side to a certain degree.

My tin hat views on gold are probably unjustified, but IMO, central bankers must keep gold down more than any single other commodity. The can blame oil on demand, food on weather/demand, but the golden canary sings only one song, and that is unsound monetary policy.

Even Volker <who I have tremendous respect for> stated that one mistake he made was not controlling gold.

GT
TH



To: RockyBalboa who wrote (9112)6/18/2008 1:33:22 PM
From: The Wharf  Read Replies (1) | Respond to of 71405
 
research.gold.org

Demand based on price being high has decreased. I think inflation which is world wide has to have an impact and increase the production cost of gold. That combined with a far more eco sensitive era to me seems to mean a higher base cost.

Fair market price minus commodity spec is where the answer lies and I certainly do not know that answer.