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Re: bennyG post# 58201

Friday, 06/28/2013 4:27:28 PM

Friday, June 28, 2013 4:27:28 PM

Post# of 80983
Gold is really in crisis. At some point that will stop. Right now it's rallying a little, but it did that last Friday, too. It won't be going back over 1700 anytime soon, in my view.

And that's bad news for miners, because production costs at eating into their profits very badly indeed.