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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: Alex who wrote (1105)8/6/1997 11:16:00 PM
From: IngotWeTrust   of 116815
 
Hi, Alex, thx for your note and for mentioning my website where I talk about the interconnectedness of gold/US$/Maastricht Treaty EURO.

To answer your question, yes, I'm still looking for US$265 per oz gold sooner than later. This is a primo time for accumulating the yellow stuff.

WHY?
In a nutshell:
The US$ is supposedly as good as gold in the labryinth of world currency exchanges, central banks and currency boards. The US$ and gold have to weaken more to make the coming EURO appear strong by comparison as it is introduced as the 2nd of three fiat currencies decreed to be as good as gold in the 1944 Bretton Wood Currency Accord post WWII. The timeline for said depreciation is right on schedule and fully illustrated on my website, courtesy of a graphic from a major US biz mag.

For details on my this firmly held conclusion of mine, folks can pop on over to
worldaccessnet.com
scroll down the first page to Goldbug Commentary hyperlink.
Click and view some pretty powerful stuff gathered from independent sources that I tie together and come up w/my conclusions.

Thanks for writing.
O/49r
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