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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: Gary H who wrote (6323)	1/20/1998 12:19:00 PM
From: Mark Bartlett	Read Replies (1) of 116773

Gary/Ben <<Would a major correction be the only way to revert to the gold standard? >> I can not think of any other way ..... anybody else with any ideas? I have often wondered if one of the benefits of this low gold price, is to faciltate gold redistribution ... to give opportunities for some countries (those that desire to be on the gold standard) a chance to get it cheaper. IMHO there is no question, and history bears this out, that the further we have moved from the benefits of a gold standard - the more economic turmoil there has been. I certainly have not ruled out a bimatellalic standrad - gold and silver linked some how .... Soros moving into silver (via Apex) has me intrigued. Just conjecture ... but one more thing to think about. MB

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