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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

4:00 PM EST

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To: Alex who wrote (53101)	5/22/2000 7:37:00 PM
From: PaulM	Read Replies (2) of 116767

U.S. V. GOLD, UNLIMITED, INC. "The government's proof at trial established that Gold ran an illegal pyramid scheme . . . . Expert witnesses testified that Gold's marketing materials, organizational structure, and recruiting policies marked a program destined for collapse (with concomitant harm to investors). For example, Gold's program, ostensibly predicated on the marketing of gold and jewelry, resulted in a gross profit of only $552,620 from sales of gold coin, yet resulted in the intake of $43 million and the disbursement of but $25 million in "commissions." law.emory.edu Someone's been watching the stock market. And taking notes.

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