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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: Bilow who wrote (37913)	7/28/1999 8:18:00 PM
From: goldsnow	Read Replies (2) of 116912

Greenspan said today something to the effect that although low energy (oil) matter it is not a big deal anymore....(smaller component of inflation index these days) I just wonder if rising oil represent pick-up in the World Demand, rather than OPEC determination....and as such means "World Inflation" in just about every product..."Strong Dollar" policy is this just a short-lived fluke...(like yen few years back) and the real story is unfolding ..or what is dollar is telling us now...You can't have rising Market and falling dollar..something got to give...So what is rising oil tells you? OPEC shaped-up, really? :)

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