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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: goldsnow who wrote (9077)	3/31/1998 6:26:00 AM
From: Bobby Yellin	Read Replies (1) of 116759

ML setting up offices in Japan suggests the bottom there is close.. gold usually goes the direction of Japan.. I think the government is being really silly about plastic money(is that good for oil)...it may remind too many people of credit cards .. I laugh when I hear analysts mentioning that gold's latest performance may suggest some incipient inflation..I guess that is what most only view gold as..a hedge for inflation..(I guess they don't read our thread).. anyways we probably wont have a warm winter, Asia will probably be turning around..oil will follow.. I think you're right about copper.. copper is a leading indicator.. (I guess Russia doesn't have more commodities to dump on the market which probably created previously the oversupply and ceiling on prices) philosophically..I guess you are right..survival on the earthly level dictates for the most part..I guess when times get very hard people group together since they think if all help times will get better..

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