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Re: Rawnoc post# 301

Sunday, 02/26/2012 12:31:30 AM

Sunday, February 26, 2012 12:31:30 AM

Post# of 316
Beyond the staggering valuation given the existing stock of gold, current prices make today’s annual
production of gold command about $160 billion. Buyers – whether jewelry and industrial users,
frightened individuals, or speculators – must continually absorb this additional supply to merely
maintain an equilibrium at present prices.

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