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


To: Amelia Carhartt who wrote (20893)10/7/1998 10:00:00 AM
From: Dwight Taylor  Read Replies (4) | Respond to of 116844
 
Don't be so sure. With commodities all over the world declining in price and increasing in supply, gold follows suit. Deflationary pressures and credit expansion notwithstanding, the international community will diligently prevent the additional flow of capital into unproductive means such as gold hedging and speculation. This will be accomplished in part by keeping gold prices down.