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To: Deuce; Nick Danger
A mere ton? How about steel? I defy you to affect the price of steel with the purchase of a mere ton.

Your assertion that if one makes a purcase of a ton of gold it won't affect the spot market price is patently idiotic, or do you remember what happened when the British stopped their selling in the middle of a sale of 35,000 ounces (that's about a ton)? Ashanti does! It caught them short on the options market and pushed them into bankruptcy (much to the delight of the British traders BTW).

There are thousands of products whose demand curve is flatter than gold. Try again.

334 posted on 12/09/2001 3:52:30 PM PST by Carry_Okie
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To: Carry_Okie
The point is small quantity large quantity
336 posted on 12/09/2001 4:05:28 PM PST by Deuce
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