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Gold/Mining/Energy : Gold Price Monitor

GDXJ 147.42

+2.2%

Jan 27 4:00 PM EST

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To: Crimson Ghost who wrote (73717)	7/20/2001 3:17:48 PM
From: Real Man	Read Replies (1) of 116927

When I followed the dollar drop in the past, gold was actually leading in the currency action. Right now it is not the leader. Regardless of the HUGE lease rate drop, the dollar is still moving down, and gold is steady. I wonder what all this means. Gold is dropping in Euros and Yen. If someone wants to keep the dollar afloat, and they see that their gold suppression policy fails to do that, maybe they will quit suppressing it? Anyway, I have no clue what to make of all this action.

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