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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: Bobby Yellin who wrote (5536)	1/10/1998 9:51:00 AM
From: Dwight Taylor	Read Replies (2) of 116756

<<Harvard economist Jeffrey Sachs on Saturday blamed the International Monetary Fund (IMF) for aggravating Asia's financial crisis>> This is the second time in a week I have heard this remark. Last week on Meet The Press (or something) it was Jack Kemp criticizing the IMF. What is going on here? I thought it was the IMF that was the saviour here? If not the IMF to bail out Asia then what or whom will step up to the plate? This Asian thing is probably getting worse and the finger pointing has begun, which leads me to believe the bailouts will fail. It is becoming very political and the "winner" will emerge from the "Harvard" circle of influence--don't forget Hillary et al are Yale.

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