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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

4:00 PM EST

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To: John Hunt who wrote (36078)	6/28/1999 9:46:00 PM
From: Alex	Read Replies (2) of 116753

The 'just in case' line................. << TOP STORIES: MACQUARIE BANK SEES LITTLE BENEFIT IN STOPPING IMF GOLD SALES London--Jun 28--Any blocking of International Monetary Fund gold sales by US Congress may not be as beneficial for the gold market as many seem to think, according to a report from Australia"s Macquarie Equities. Macquarie argued that, after an initial short-covering recovery in prices, the market would turn its focus back to the issue of the much larger sale plans by the UK Treasury and the Swiss National Bank. (Story .17371) >>

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