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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Ahda who wrote (37657)	7/23/1999 3:03:00 PM
From: Hawkmoon	Read Replies (1) of 116782

Darleen, Money is created when a loan is issued for a product of service, instead of cash payment. Destroy that money, and you have less left to loan, and less willingness to loan what you have except to your best customers. "Destroying" money through loan defaults should increase the value of that which remains. But it will crush the value of assets. Any other opinions out there? Regards, Ron

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