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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.87

+3.6%

Dec 11 4:00 PM EST

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To: Rarebird who wrote (56606)	7/21/2000 7:58:49 AM
From: Crimson Ghost	Read Replies (2) of 116811

Rarebird: Seems to me the crucial question for gold investors really is quite simple. Does gold still have a role to play in the global monetary system. If not now than will it have a role in the future? If gold has been reduced to just another commodity it still has a long way to fall given the very large above ground supplies. But if its monetary role is just in suspended animation we probably have an investment opportunity of unprecedented magnitude. The markets sure are acting as if it is just another commodity now. But markets have been wrong before.

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