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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.90

+0.9%

Nov 18 4:00 PM EST

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To: Rarebird who wrote (69986)	5/23/2001 9:06:29 AM
From: jrinvestor	Read Replies (2) of 116762

The most important information I have heard in a long time.The bond bell on CNBC this AM said that home re-finance is down. What that is saying is those who need cash to pay bills or feed their small companies do not Qualify for loans. Those, who bought into the Home building sector this past month are going run out of the markets this week and I believe that the Crash of the DOW is in place.Inflation is up and climbing and tomorrow we get unemployment reports which will be up.I believe GOLD stocks will start a major rally this week weather the price of Gold goes up or not. The dollar is strong however that could collapse at any moment.So if you wanted to invest in the markets where would you put your money? JR

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