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Gold/Mining/Energy : Gold Price Monitor
GDXJ 108.90+4.2%Dec 9 4:00 PM EST
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To: Abner Hosmer who started this subject2/13/2002 6:19:18 PM
From: Secret_Agent_Man  Read Replies (1) of 116805
 
"all is fair"(use)
"There are a number of reasons behind
recent moves in
the gold price,"
he said in a
statement
released
Wednesday.
The "political, economic and market uncertainty
of recent months has been a catalyst," he said,
along with less gold hedging, a 45 percent surge
in Japanese buying during the fourth quarter and
slowing central bank sales.

"These factors make gold's recent surge different
than short-lived spikes seen in recent years" and
could provide support for gold for a number of
years to come, Foster said.
marketwatch.com
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