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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

4:00 PM EST

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To: PaulM who wrote (39566)	8/24/1999 11:36:00 PM
From: Zardoz	Read Replies (1) of 116859

The options bought by Newmont were interpreted as a bet that the price would stay below $270 an ounce until July 2001. Even I am not that pessimistic for gold. Hutch

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