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<p>[QUOTE=&quot;GoldFinger1969, post: 2086775, member: 73489&quot;]The problem is this entire industry has been so mismanaged they make the airline operators from the 1980&#039;s, 1990&#039;s, 2000&#039;s look like geniuses.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>The companies have too much debt to consolidate except with stock-for-stock deals at little or no premiums.&nbsp; The selling management doesn&#039;t want to give up their perks/jobs for no big gain.</p><p><br /></p><p>Not sure what you mean by &quot;mineral reserves to be 100% of production causing the price to rise.&quot;&nbsp;&nbsp; You need greater demand (India, China) and probably a falling dollar.&nbsp; <b><span style="color: #ff0000">If the dollar has begun another 7-year up cycle, that bodes poorly for gold and we might re-touch the 2008 low of $750/oz.</span></b></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">You also need to see central bank selling abate.</span></p><p><b><span style="color: #ff0000"><br /></span></b></p><p><b><span style="color: #ff0000"></span></b>[/QUOTE]</p><p><br /></p>

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