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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: PaulM who wrote (4206)	12/13/1997 1:07:00 PM
From: Ron Wilkinson	Read Replies (1) of 116759

Paul, another aspect of that idea is that if people aren't buying that product because they are substituting for something cheaper, then that price will not hold up over any serious length of time, it will correct or the product disappears. The whole ideal of continuously revising the CPI downward, with no real mechanism to revise it upward is nothing but a political farce. Says me, Regards, Ron

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