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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: IngotWeTrust who wrote (6506)	1/23/1998 7:01:00 AM
From: Bobby Yellin	Read Replies (1) of 116762

Hi- re John Bollinger...as we strongly agree ..dollar has replaced gold as safe haven..now with Clinton and question of leadership of government..dollar no longer safe haven (putting in Goldsnow's comments that the market just looks for an excuse for change in direction).. Bollinger probably means as you pointed out indirectly that since gold is denominated in dollars ..the ratio between gold and the Asian currencies hasn't changed when you take their devaluation in terms of US currency. Is this true? I am assuming that Bollinger won't be bullish until gold turns up against all currencies. Hope you add your comments to the article posted by Alex.. Message 3238271 re: government ...didn't realize that Clinton event is also a possible attempt to get rid of powerful Vernon Jordan..I guess Kenneth Starr is trying to unravel the huge political machine.. ps...somebody on CNBC just mentioned the D word..he skipped the R word

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