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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: Richnorth who wrote (1233)	8/14/1997 9:44:00 PM
From: Gary	of 116805

Kaplan says the implied lease rate for gold surged to 2.68% today from 2.29% yesterday ( Aug.13/97) This was about the level it reached in July before gold surged back from the $315.00 level to $328.00 . It would be very nice to see a break out of $330.00 . The shorts are positioning themselves for another "pop" . Gary

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