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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.90

+4.2%

Dec 9 4:00 PM EST

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To: Mark Bartlett who wrote (6010)	1/15/1998 8:50:00 PM
From: Bucky Katt	Read Replies (1) of 116804

MB-- 105 yen to the dollar was just a thought to get people on the thread to think about. Not too many years ago it was 80 yen to the buck. I remember it well, because at the time I was trading it. And gold was much higher than it is now. I just think Sec. Rubin said hey, we better weaken the dollar a little before this Asian flu thing kills the US markets. Forget about Greenspan, this is a direct TREASURY dept. move from the highest level. In other words, this is big. There is no other logical reason for it.

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