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Gold/Mining/Energy : Gold Price Monitor
GDXJ 145.00+2.0%Jan 23 4:00 PM EST

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To: goldsheet who wrote (77506)9/26/2001 2:25:45 PM
From: long-gone  Read Replies (1) of 116915
 
<<The XAU is a lousy index made even worse by adding Phelps Dodge in July 2000.
It has dropped from $40ish to $27 in that period - the XAU would be over 60 without PD.>>

Yes, the whole frickin system is corrupted beyond all words! Remember when Standard & Poors lowered the credit rating of all miners which wouldn't open a large enough hedge book yet all know excessive selling reduces price of the commodity? Keep gold stocks from moving - just put in a ringer to destroy (or at least greatly limit) the most widely tracked gold & silver index. Further reduce all possible + movement - easy - simply limit gold mutual funds being offered in the workplace or make them so shitty & or better yet assure they have only "paper gold" in a bullion portfolio! Then the most Outrageous Example - Make it synonymous of patriotism to buy "blue chip" common stocks while floating a story (without supporting government source) that gold may have been bought prior to the 9-11 crime by the terrorists thus attempting to taint gold as a terrorist tool.

These are the examples of gold manipulation, & yet, damn-it, these have not been addressed by GATA, the SEC, or the CFTC.
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