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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST
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To: goldsnow who wrote (2888)11/6/1997 6:09:00 PM
From: PaulM  Read Replies (2) of 116827
 
Nevertheless, I think the short term outlook for Gold remains grim. There's nothing to stop Central Banks from selling and they have 3400 tons. Gold will only up when it becomes clear that what the CB's are trying to do (i.e., support paper currency) must ultimately fail and/or when govts are forced to inflation.

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