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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: long-gone who wrote (15107)	8/1/1998 1:36:00 PM
From: goldsnow	Read Replies (2) of 116764

That is similar to a question "How much Gold would be in ECB? Nobody knows. 15% of reserve...But what if Gold is $260 and dollar even stronger? That would take much more actual Gold than 30% at POG $320 and far less Dollars and would make Gold Deficit far more obvious...and Dollar glut apparent..Than what? Dollars for sale? It is of interest to no one to drive Gold down...Thus we are at the bottom..

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