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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.22

-0.5%

Jan 2 4:00 PM EST

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To: LLCF who wrote (59620)	10/11/2000 7:44:04 PM
From: John Paquet	of 116840

Thanks! David for your post. Demand slowed down in Asian Q2, Euro dollar, other currency weaknedd, strength of us dollar, slaughter of Dow and Naz, contributed this sluggush POG. Things begin to look brighter, physical demand increas in Asia, us dollar weakean a bit, other currency gained strength. POG showed a bit better. XAU, is a strange animal, hit new low again today. Only hope this is the last washout. Have to wait patiently until XAU showed or demonstrated its strength. Patience is the key. John Paquet

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