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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST
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To: Crimson Ghost who wrote (53950)6/8/2000 3:17:00 PM
From: Rarebird  Read Replies (2) of 116764
 
<, longer term, we expect an economic slowdown, which should break this link with gold: weaker growth will end the cyclical inflation threat and undermine, not boost, gold
prices even as the dollar softens and rate worries fade.>

George, it sounds like they are assuming a soft landing will be brought about by Fed tightening, because a recession, accompanied by deflation, is bullish for gold and its shares.
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