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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.82

-6.4%

Dec 29 4:00 PM EST

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To: PaulM who wrote (11499)	5/11/1998 3:19:00 PM
From: long-gone	Read Replies (2) of 116834

Hey Paul, remember, I had the silver / gold (which first) thing figured? What do you think about the analysis of today's silver/gold action? I suspect, one of the gold miners with a large silver production is selling spot silver to buy back of future gold. The reason to do this would be to prevent exposure to future gold contracts priced in what will become a lower dollar after the Euro comes about. They can always re-sale the gold futures in Euros. Well, what do you think? rh

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