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Non-Tech : FITB (Fifth Third Bancorp)
FITB 41.88+0.9%12:22 PM EST

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To: Ross who wrote (40)7/14/1997 1:08:00 PM
From: Ron Kory   of 68
 
In the early 1970s gold was $35 per ounce and the dow was 800 so the
dow was 24x the price of gold.

In the early 1980s gold soared to $800 and achieved paritywith the then
stagnant dow.

Today gold is $320 and the dow is 7950 making the dow 24x the price
of gold.

With the popular press ranting about central bank sales, euphoria
making its way into the stock market I am wondering if a) you have
any comment and b)do you have a downside count for gold.
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