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A tale of two 'doomsdays': gold and the global economy

MINING.com Editor | March 27, 2013 | 10:01 pm Precious Metals Africa Australia Canada China Europe Latin America Gold Silver 

A "doomsday scenario" drop to $1,000/ounce would "make half the gold industry worthless," according to Bank of America Merrill Lynch. Despite recent hiccups in gold's long bull run, gold is currently hovering at roughly $1,600 per troy ounce. Gold stocks,...

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