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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%Dec 5 4:00 PM EST

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To: PaulM who wrote (59785)10/14/2000 2:35:28 PM
From: PAUL ROBERTSON   of 116796
 
i do not think that he has walked away Paul, just watching from a nervous comfortable distance. i would think that he is however, indirectly or maybe even directly, on the phone with Abby C. and Bill C. IMO the US is a cascading debt meltdown either way. It is so very interesting how AG stated no less than a few months ago how solid the US banking system was. Now with the figures for August bank defaults in at 5.8% or twice the fault rate of the early nineties and expected to climb to 8% by mid next year, we will see over time how stable the system is. Certainly if the indexes take out Thursday's lows AG will be watching even more closely. We are on the best roller coaster ride known to man kind as far as i am concerned.
Paul
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