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Gold/Mining/Energy : Gold Price Monitor

GDXJ 134.74

-0.9%

Jan 21 4:00 PM EST

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To: Terry Rose who wrote (9202)	4/2/1998 9:35:00 PM
From: Richard Mazzarella	Read Replies (1) of 116898

Terry, I think that the problems in Japan are the reason for the current strength of gold and silver. The issue there may end up as a currency crises. Pouring in paper to support paper is risky. When foreigners pile into the US market, that's confirmation of a US blowoff. This paper leveraged world has started a fire in a house of cards. Japan will be fanning it soon IMO.

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