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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: John Hunt who wrote (34930)	6/7/1999 9:53:00 AM
From: lorne	Read Replies (1) of 116954

CAMDESSUS: IMF TO LIMIT MARKET FALLOUT IF GOLD SALES PROCEED Washington--Jun 4--Any sales of International Monetary Fund gold reserves will be conducted in a manner that will limit negative effects on gold markets, IMF Managing Director Michel Camdessus said today. Camdessus added that he is hopeful a decision will be made on the sale of a portion of the fund's gold reserves to finance debt relief before the IMF's annual meetings this fall. (Story .21127) crbindex.com Morning John.

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