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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Crimson Ghost who wrote (5705)	1/12/1998 4:32:00 PM
From: Bobby Yellin	Read Replies (1) of 116758

Here we have a key factor behind the U.S. equity bubble and gold bear -- big money is very confident they will be bailed out if the going gets rough. Who needs gold under these conditions? Of course when the public finally revolts against this "socialism for the rich", gold will shine again. excellent point... heard interview on CNBC where there truly is silver shortage and not hidden reserves.. (I think the Dow is headed much higher..what will shake it from its safe haven?)

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