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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.63

+3.0%

Dec 19 4:00 PM EST

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To: goldsnow who wrote (3093)	11/15/1997 10:26:00 AM
From: goldsnow	Read Replies (1) of 116818

''It's sort of the second shoe to drop. We've had the mine closures now we've got to have the reserve writedowns.'' biz.yahoo.com Again if gold were to stay at this level for 6-12 months, highly unlikely IMO, we should see unprecedented shortage of metal, and surely new goverment in Australia, and possibly unrest in South Africa. Not to :-( at anybody but with time horizon longer than 1 year I cannot see gold where it was for the past 12 month.

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