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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 (59767)	10/13/2000 11:43:00 AM
From: Enigma	Read Replies (1) of 116759

I'm glad you mentioned that this is a gold thread - however the topic is perfectly germaine because the US is committed to only one side when push comes to shove for reasons which are historic and to do with domestic politics particlarly just now - even the Saudis pale by comparison and the so called Gulf War Coalition is a thing of the past. So it looks like higher energy prices will be here for quite some time. Whether this will impact on gold remains to be seen. There seems to be some determined selling of gold today - whether we're in a trading range or not - or whether it's something more siniser is impossible to tell - but I'm glad the recent efforts have been to the upside. Remember too that there must be some fear out there of a Black Friday - so it's entirely possible that the market is anticipating a flood of liquidity.

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