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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

Jan 16 4:00 PM EST

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To: Gary who wrote (3572)	11/26/1997 2:41:00 PM
From: Bobby Yellin	Read Replies (2) of 116874

An acquaintance of mine made me finally see "the light"...the world economies could probably collapse if there were a lot more failures in Japan...Japanese would be forced to sell all their liquid American holdings(bonds,equities and real estate) to cover margin calls etc.. what I didn't think about was that all these start up companies in the US probably sell so many of their products to big multinationals.. who would really suffer if pes got back to 10 and international sales would severely slow down..the meltdown in the market would affect all businesses.. any comments? I now can see how the CBers are desperate in having gold lose its glitter..it seems they created a situation that somebody could easily take advantage of...for instance a nuke for a nuke.. happy thanksgiving.. bobby (guess I should pay more attention to how this mess is going to unravel..)

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