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Lower Prices Bring Layoffs

The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...

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Melman on Gold & Silver


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Melman on Gold & Silver


When we look ahead into 2011, we see continuing troubles such as those listed earlier, which will force the public to question the effectiveness of the entire concept of economic strength and vitality through government interventions. In fact, many of those interventions have been abject failures, and we wonder if or when the public will lose confidence in the entire system.

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