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<p>[QUOTE=&quot;gxseries, post: 303234, member: 4373&quot;]Why do people always talk about demand and don&#039;t even bother looking at the supply chain??? Gold prices can&#039;t keep on going at this absurd rate. The only group who benefit is the mining companies. </p><p><br /></p><p>Rio Tinto and Ivanhoe mine has discovered a huge gold-copper mine in Mongolia called Oyu Tolgoi coming online in 2010 with an estimated 7+ million oz gold and 9+ billion pounds of copper with the potential of up to 30 million oz of gold. </p><p><br /></p><p>There is also a fair amount of new gold mines found in China such as Xinjiang, Jinfeng, Jinshan, etc and that&#039;s just Asia. Africa has more gold mines than mentioned.[/QUOTE]</p><p><br /></p>

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