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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.61

+3.0%

Dec 19 4:00 PM EST

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To: Bob Hack who wrote (3686)	12/1/1997 2:11:00 AM
From: philv	Read Replies (1) of 116815

Asian Market It's afternoon in the Asian Markets, and Japan has been repaired. That which was apparently broken is fixed. Up to 17000+ on the Nikkei. All of Japan's fiscal problems were probably a figment of someone's imagination. Ergo: Everything is rosy, and NY will probably reflect that in the AM. Japan is the giant in the east, and accounts for 2/3 of the total economy of the area. As Japan goes, so goes the area, problems in S. Korea and Malaysia not withstanding. Not wishing them any bad luck, I will be curiously watching events in the East as always. Lesson for today: Ingest large quantities of grains of salt on a regular basis. Phil

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