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Melman on Gold & Silver

If the events of the past month have proven anything, they have confirmed the old adage that gold is truly a measuring device for the “International Temperature.” During the first half of the year and into mid-August, wars, threats of Iranian “peaceful” nuclear devices and North Korean nuclear jawboning drove gold to two-decade highs and kept it well above $600 per ounce.

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• Homestake Mining Company
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