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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: Don Green who wrote (34985)	6/9/1999 11:44:00 AM
From: Ken Benes	Read Replies (2) of 116762

Don: Gold will give as demonstrated today. Down over 2.00 with the shorts making a killing. The pattern you described will continue until the carry trades in gold, bonds, currencies begins to buckle. When will this happen? Very difficult to say because of the enormous resources of the central banks to keep the game going. As a matter of fact, the benefits of the game have been so great that the population at large doesn't give a hoot if gold goes back to 35.00 per ounce. If that what it takes to keep the party going so be it. Ken

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