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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.20

-0.4%

Dec 18 4:00 PM EST

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To: long-gone who wrote (66713)	3/29/2001 2:36:43 PM
From: Ahda	Read Replies (1) of 116815

In CA Richard there is an area called Lancaster during a prior property boom about ten years ago the price of a new home was 250,000 now the same house can be purchased for around 180,000. It is desert hot and miserable out there during the summer. People who live there are going to find a heavy increase in electrical bills as well the gas increases they have already experienced driving to and from LA where many work. The severance is probably the key to employment figures not showing the corporate down sizing. About six months from now it will be interesting to see how the employment figures look as well as the housing sales. Thank you for the information.

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