You now learn that GPEC (a cartel of goldproducing countries) is going to vary the amount of
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Question:
You now learn that GPEC (a cartel of goldproducing countries) is going to vary the amount
of gold it produces with stock prices in the United
States. (GPEC will produce less gold when stock
markets are up and more when it is down.)
What effect will this have on your portfolios?
Explain.
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