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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Abner Hosmer who wrote (6252)	1/19/1998 6:17:00 AM
From: Bobby Yellin	Read Replies (2) of 116764

bloomberg.com ..guess I should be following this every morning.. biz.yahoo.com the article that you posted just typifies global competition in everything besides leaning definitely to bearish side.. I am assuming that as we read the news from oil companies about either cutbacks in exploration or continued high rig counts the picture will get clearer.(there was news of a cutback today) Score a big one for the negative on oil from the article you posted. The article I posted might have to do with Elf's recent find. I will try to find out more about the fellow from Barrons. Also now with Asian markets rallying,we might gain a clearer picture if somehow gold is related (on up side) to the Japanese market. It seems as if we need a taskforce to monitor the different influences on gold..ie oil,currency,etc.. Copper is also a big one to watch.. Your thoughts are so stimulating. Did you mean that if oil is priced to high, there would be a cutback in use? I want to make certain I understood what you meant. Bobby(a bit tired)

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