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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Jim S who wrote (4256)	12/14/1997 3:45:00 PM
From: goldsnow	Read Replies (2) of 116764

>>>So, my strawman arguement is that there seems to be an effort underway to reduce some of the psychological value of the yellow stuff, and replace it with psychological value of faith in world currencies.>> There was a good piece by Kutyn, posted by Alex I think on a very same subject. "Whoever issues money has many economic and political advantages. We are presently seeing a hidden battle between gold and the U.S. dollar. This battle will continue to intensify until the crash in Asia is complete. The key to financial independence is to know who will win this battle." gold-eagle.com My point was that Gold, not salt or rocks survived times for a reason Dollar has no prayer beyond first obstacle (recession, EMU fiasco ets)

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