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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?

To: Lalit Jain who wrote (1023)	1/4/1998 2:11:00 PM
From: IngotWeTrust	Respond to of 1756

Cheers, Lalit, GLAD t'hear U R on the road to recovery. Knew U weren't a quitter the 1st time I read one of your excellent posts oh so many moons ago. This latest example of your thinking and linear logic is excellent summation. My only add'l thought as I read your fine treatise was in the psychological boost arena... Mining/Producing/RECYCLING gold (as I do) has renewable "pyschological boosting" inherent in its very processes. Being aware you were no doubt speaking from the demand side of the equation when you made that statement re: $300 T/oz pricing level, ...I can assure you, it makes NO difference in bottom line reality to the mining companies what the "current world price is"... You see, my friend, Mng co's are in the MONEY 'printing' biz every much as are the various global CBs are! GOLD "MONEY PRODUCTION" is legit, sanctioned and very much encouraged. Can't say that for counterfeited or genuinely printed FIAT!! Mining Gold "job" never grows old, Mined Gold never becomes obsolete, Mined Gold Cost o of Production can always be adjusted lower, (tricks and juggling potential are boundless!!!!) If those 3 points aren't "psychological boosting" from the mining standpoint, I don't know what is! Selah O/49r