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Gold/Mining/Energy : Gold Price Monitor

GDXJ 150.31

+2.0%

4:00 PM EST

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To: Rarebird who wrote (38905)	8/12/1999 7:42:00 PM
From: Crimson Ghost	Read Replies (1) of 116927

Greenie might actually favor a gold rally now: Would be Republican presidential contender Steve Forbes has been argueing that the Fed should not tighten as long as gold is depressed. He and those around him still seem to think that gold is a good leading indicator of inflation. A decent gold rally sparked by a withdrawal of CB gold from the lease market would cover Greenie's flank on this issue. Seems to be what is happening now. Just my 2 cents worth.

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