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Message: Financial Times - "Financial crisis great for gold"

Financial Times - "Financial crisis great for gold"

posted on Jan 16, 2009 01:09AM

Great for SAN:
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"Mine supply has been fairly flat for a number of years, and GFMS expects that trend to continue. That is because the exploration boom of the last several years has turned up very few great discoveries, and now there is virtually no exploration going on because junior companies are hoarding cash and fighting for survival."

http://www.financialpost.com/money/s...


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