2nd
April
2008
Gold Prices May Not Have Silver Lining - Gregory Reynolds
Gregory Reynolds - Timmins Columnist
There is jubilation in the hearts of the gold bugs of the world, those faithful who attend conferences year-after-year to hear the word from on high: gold is the only asset to hold.
That the wait between gold’s previous record high in 1980 at US$850 an ounce to the March 13 break through was 27 years is being ignored.
The gold mining industry, especially in Canada, has reason to be happy but there is a need to look past the event and to ask why it happened.
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