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

To: cool who wrote (21799)10/16/1998 6:45:00 AM
From: David R. Schaller  Read Replies (1) | Respond to of 116764
 
daddycool, >A precious metals analyst at Paribas in London, Charles Kernot, said that the fall of US rates had made it cheaper for investors to borrow dollars to buy gold. <

That's a change. They used to borrow gold to buy dollars. The times they are a changin.

Regards, Dave



To: cool who wrote (21799)10/16/1998 6:47:00 AM
From: Zardoz  Read Replies (3) | Respond to of 116764
 
There is something over hanging the gold market. And it is the German Mark and possible inflationary spending which hasn't started yet, but is projected to soon.

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