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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Crimson Ghost who wrote (68218)	4/24/2001 4:36:35 PM
From: long-gone	Read Replies (1) of 116764

<<I think today's action supports my recent contention that excessive leasing is the single biggest negative for the gold market. Gold stocks soar whenever there is any indication that the supply of leased gold is tightening. >> Has anyone thought that to repay one gold lease those short must first lease more gold & this causes the spikes? You know, If we were to play that game with checking accounts it would be off to jail for us.... Oh yeah, forgot, the bankers make the banking rules......

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