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Gold/Mining/Energy : Gold Price Monitor

GDXJ 87.56

-4.9%

Nov 4 4:00 PM EST

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To: Richnorth who wrote (5347)	1/7/1998 1:51:00 PM
From: Mark Bartlett	Read Replies (1) of 116752

Richnorth, <<You seem to have a point in stating that the U.S. engineered the Asian Crisis. >> IMO it is not just the US - I have no doubt that certain European countries are part of the process too. European countries have a history of resorting to gold as a store of value .... seems they have chucked that, and are now relying on the US dollar .... just too fishy IMHO. Also .... who sets the price of gold every day. That is why, those that are presently short gold know - despite their huge short positions - they are safe .... they know what's happening - and as long as it is, they have little to be concerned about. This is power mongering at its best. Also ... there is much to be gained by collapsing Asian economies - not the least of which is control over a vast competitor. IMO it could (is) lead to economic upheavel, protectionism, etc .... the end result however may not be worth the it .... push too much, and wars have started over stuff like this. Maybe a little far fetched - but maybe not too. MB

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