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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (370)	10/24/1997 3:35:00 PM
From: Jeffery E. Forrest	Read Replies (1) of 4571

Yep. It's a bummer that gold is tanking just as BCMD is gathering steam. Hopefully the market will come to their senses and the price will stiffen up. $310 is AWFULLY cheap. More fallout from Asia. The speculation that makes most sense to me is that Asian traders are selling their gold to meet their margin calls. If this is true, In order to "save face" I would bet that those who are selling will be rebuying that same gold ASAP.

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