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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: Lucretius who wrote (11112)	5/3/1998 9:11:00 AM
From: Ron Schier	Read Replies (2) of 116764

Still a lot of $$$$$ incoming into the market, from the 60% of US households already in market, & rest of world. Also, a lot of $$$ sitting on sidelines & in bonds waiting to come in, on a correction. Unless the US economy slows a lot (earnings down a lot) or interest rates go up 1/2% to 1% ( Fed. has not moved !!!), goldielocks stays. Galbraith says Europe stock market boom, a bubble; invest in USA. Too much fear now !! Everyone is warning, therefore it will not happen soon !!

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