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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (2537)10/27/1997 2:57:00 PM
From: John Barendrecht  Read Replies (1) | Respond to of 116833
 
Alex, I think the most interesting sentence was:
''Meanwhile, demand in Asia, at least in India, is holding up. Who do you think bought all the gold that was sold Friday?''
Remember, their gold has been increasing in value in local currency. So they could sell gold for 30% profit if their currency dropped 30% but instead they are buying!!! Remember, gold is only down in US funds.

biz.yahoo.com



To: Alex who wrote (2537)10/27/1997 3:31:00 PM
From: long-gone  Read Replies (1) | Respond to of 116833
 
Alex,
RE: Pins in the air.
No, they do not! They(CNBC) should report the on-going truth.
They just repeated that gold is down!
rh


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