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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%4:00 PM EST

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To: ForYourEyesOnly who wrote (36609)7/6/1999 8:52:00 AM
From: PaulM  Read Replies (3) of 116753
 
1. Five times more willing buyers than sellers at the "free market" price.

2. The four fifths of bidders who were unsuccessful chose to go home empty handed rather than buy on the market (and drive up the price).

3. In fact, once the Bank of England gold liquidity was provided to the market, the spot price fell.

Do we need to draw a word picture?
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