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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Enigma who wrote (38037)	8/1/1999 1:08:00 PM
From: banco$	Read Replies (2) of 116759

a gold-backed bond..."Goldman Sachs & Co., one of the largest bullion banking and trading houses, is introducing a gold-backed bond that it says has the potential to pay an annualized return of 13.3 percent." (Bloomberg bulletin, 7/29/99 - Gold Climbs as Stocks, Bonds Drop, Spurring Investor Demand) Very interesting. Wonder how Goldman is structuring the above referenced debt instrument?

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