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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (98723)6/20/2009 1:30:09 PM
From: critical_mass  Read Replies (1) | Respond to of 116555
 
I wonder who the target group is.

10 grams is about one-third of an ounce, and anyone coming into Frankfurt looking to purchase larger amounts of gold would probably do it elsewhere.

If the vending machines are popular, I expect to see some sort of publishing of general rules regarding money laundering and the transport of large amounts of metal across borders and the associated declaration procedures.



To: JakeStraw who wrote (98723)6/22/2009 3:42:52 AM
From: Hawkmoon  Read Replies (1) | Respond to of 116555
 
Gold now selling in vending machines -

IOW, distribution phase of the gold bubble.

We're still in a deflationary phase with the economy. It's only when it's clear that the deflation is over, and that inflationary forces have gained the upper hand, that gold will shine... IMO.

Hawk


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