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In this global marketplace, an event on the far side of the world (even while you sleep or play) can adversely affect the performance-credibility of your commercial positions and financial portfolio.Gold has no employees, no overhead, and no financial statement to balance. It cannot go bankrupt. Gold is wealth itself. It is valued worldwide on the basis of its reliable "form and function" -- a steadfast financial commodity immune to the contagious collapses to which all financial paper is prone.
Today's terroristic attacks tragically call us all to reflect upon the precious fragility of of our human lives, and also cause us all to give thought to the tenuous nature of our relationships and interactions with our fellow man -- whether known to us or unknown. As we continue to gather our thoughts to comprehend the magnitude of this tragedy, we are immediately struck with the feeling that this will surely cause some lasting degree of change in our perceptions of safety and stability, subtly altering the manner in which we all orchestrate our lives.
Understandably, with the closure of the markets today compounding the ongoing worries over the weakening economy, there are heightened feelings of uncertainty for many. Needless to say, our office here in Denver is being overwhelmed with phone calls by prospective gold buyers. At this extraordinary time of market uncertainty, we have been hard pressed to make market arrangements from among our numerous long-time associates in the gold trade. We also mark our current concern and hope for the safety of those friends and business associates known to have been operating out of the affected New York facilities.
Due to the size of public reaction and the extraordinary market constraints of the day, Centennial is currently willing and able to arrange for business transactions with our list of established clientele only.
Our sympathies are extended to all those who have lost colleagues and loved ones in these horrific acts of hijacking and villainy in New York and surrounding area.