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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Bobby Yellin who wrote (35015)6/9/1999 11:34:00 AM
From: Ken Benes  Read Replies (1) of 116764
 
And gold will continue to decline to a price level of 250.00 or whatever the level that will be required to pull the rug out from under the demand for gold coins. All the coins sold this year are now under water by approximately 20% while equities have advanced. This decline could end right this moment if the producers would announce that they will buy whatever the BOE has to offer. Unfortunately, the producers are part of the cabal that is driving the price lower.

Ken
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