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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: Gord Bolton who wrote (2859)2/19/1999 4:46:00 PM
From: Syncrude  Read Replies (1) | Respond to of 3282
 
Gord, (OT)

With respect to diamonds, as you should know very well the supply is also on the rise. This is why the marketing is closely controlled. the price is NOT due to the lack of diamonds, but by the restriction on the supply.

Not so with gold.

If you want to buy gold, there is as much as you can afford available anywhere in the world. If you have difficulty, let me know and I am sure I can point you in the direction of some banks and other financial institutions.

I have seen references to the fact that over 3,500,000,000 oz of gold were ever mined. (World Gold Council figures) Most of those oz are still freely available.

Gold no longer plays as much of a role it used to because of the growing supply. It is no longer as rare.