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Old 08-08-2011, 08:49 AM  
Phoenix
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Join Date: Nov 2002
Location: Poems everybody, the laddie fancies himself a poet
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Quote:
Originally Posted by PR_Glen View Post
would mining more in large quantities not lower the overall prices of gold? sort of like printing more money?

not my expertise but it still falls under that supply and demand principle doesn't it?
yeah...they would need about 50,000 tonnes..and who ever the major holders of gold are...will be forced to buy up americas gold in order to keep the price high.

who cares if they lower the market price? probably many countries, but no one is going to do anything about it.

so...mine and sell
tada
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