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Gold/Mining/Energy : Gold Price Monitor

GDXJ 129.86

+4.7%

Feb 3 4:00 PM EST

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To: Greg Ford who wrote (8513)	3/19/1998 7:50:00 AM
From: Bobby Yellin	Read Replies (2) of 116959

Wouldn't it seem quite bullish down the road with CBers unloading their gold holdings..and collecting paper.. When the bubbles burst..one will no longer have to worry about more fun and games or pain etc from threats of dumping....it is a gradual flow from weak hands into strong hands.. It would seem if the Asian countries etc had backed their currencies with gold..there wouldn't have been the possibility of ebullient overexpansion and there wouldn't have been the monkeybusiness of creating the opportunity for shorters to jump on overvalued currencies and lead to depressionlike conditions in those countries..also wouldn't probably have allowed to US to export its inflation.. help..where am I missing? (wonder if oil spike is temporary..just short covering? or the bottom? excuse I heard was another oil meeting with Venezula participating) (is copper leading indicator of return of metals..anybody have any charts?)

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