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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.78

-1.2%

Dec 31 4:00 PM EST

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To: Abner Hosmer who wrote (7786)	2/22/1998 1:32:00 PM
From: Eashoa' M'sheekha	Read Replies (1) of 116837

Great Post Thomas. Very informative.Puts many relative indicators into perspective but brings me full circle to ask this question of the thread that I asked before but had no takers.Maybe it's too dumb?:-) What does confuse me through all of this is this............. The good ole US of A is only a small consumer of gold,yet much attention is given to US economic conditions to measure the value of gold in USD that is being consumed largely in India and SEA,not to mention all of Europe.Can someone please explain to me why the US dictates the price of a global commodity when they are a minority consumer of that commodity,if in fact it is a commodity? Any Takers?

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