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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.03

+3.0%

Nov 7 4:00 PM EST

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To: Crimson Ghost who wrote (74422)	8/3/2001 1:54:46 PM
From: Alex	Read Replies (3) of 116753

<<LONDON (Reuters) - U.S. productivity data due out on Tuesday could shatter the belief in a ``new paradigm'' economy of high growth and low inflation, triggering a stock market crash, a leading investment bank has predicted. Dresdner Kleinwort Wasserstein said in a note to clients that revisions included with second quarter productivity numbers will revise away the ``productivity miracle'' of recent years, cited has a major factor in the bull market of the 1990's. ``Investing in the U.S. miracle will in retrospect be seen as a sick joke. The markets will be forced to confront this harsh reality on August 7,'' DrKW Global Equity Strategist Albert Edwards wrote. ``Make a date in your diary! The U.S. 'new paradigm' will then be officially revised away! The risks of an equity crash are high.''>> dailynews.yahoo.com

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