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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.67

+5.0%

Nov 10 4:00 PM EST

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To: Ahda who wrote (60103)	10/25/2000 7:11:48 AM
From: long-gone	Read Replies (1) of 116753

<<Liquidity and therefore tighter prices are likely to gravitate to only one or two exchanges, even assuming that the existing inter-bank market survives. That hardly matters in trade between dollar, yen and euro, but could make a big difference to the cost of buying or hedging minor currencies. Competition between Internet portals should ensure that it is worth customers’ while to go on-line. Liquidity is vital if multinationals and fund managers are to be able to deal in big sums. >> Thanks, that is one we must all remember. "Gold is(best case) a minor currency".

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