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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.81

+0.9%

4:00 PM EST

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To: PaulM who wrote (4807)	12/27/1997 3:29:00 PM
From: Bobby Yellin	Read Replies (2) of 116762

An excellent read is in this week's Barrons. I hope somebody has the energy to summarize its high points, which are many. Playing bubbles...Albert Edward .. a definite nonhousehold name. He explains why bailout of Korea is different from bailout of Mexico and why it should fail..he also explains why the money will be made in certain European markets because of the adjustment of interest rates to one interest rate and why there should be inflation coming from Europe..(his logic might be why one of the big wall street firms is investing in European real estate).. Indirectly his argument is a bullish case for gold besides helping somebody to get a macro picture of flows of money. Wish I were bright enough to be critical of the article but it sounds good for me. Hope one of you out there can read the article and possibly poke some holes if possible into his very logical presentation. He said the same thing that George Soros has said. Basically participate in the "bubbles" but know when to get out..

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