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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Rarebird who wrote (58776)	9/24/2000 12:55:55 AM
From: long-gone	Read Replies (2) of 116759

<<There has been a lot of criticism of Central Bank Intervention in the Currency Markets on Friday, along with Clinton releasing a limited supply of the Strategic Petroleum Reserves. The US stock market was headed for a big time route on Friday if the CB's and Clinton did not act. That qualified as a disaster IMO and the actions were legitimate. The purpose of these interventions are to break the short term trend and make the speculators rethink their positions over the weekend. The move by Clinton and the CB's on Friday was perfect timing in that regard. The danger, of course, is that it gives the strongest signal possible to the sharks of the currency markets that something has gone seriously wrong.>> Didn't I tell everyone(many months ago) he would do simply anything to get Gore elected?

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