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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (4341)3/16/1999 10:10:00 AM
From: Zardoz  Read Replies (1) | Respond to of 81925
 
"Gold is trading at less than half its peak of $800 (US) reached in 1980. A historically unprecedented short position exists.

Don't need to tell you, {sure you know} but gold price has very little to do with historical trends, and more to do with economics of the metal. Can just as easily be $200 as $800, if you ignore the economics. But as the US dollar climbs, and oil dives. The cost of production decreases.


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