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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Bobby Yellin who wrote (16341)	8/21/1998 10:53:00 PM
From: PaulM	Read Replies (1) of 116788

Bobby, this I think is the equation suggested by one analyst: easy credit and low interest rates (i.e., asset inflation) + strong dollar (i.e., price deflation) = Goldilocks Economy. BUT, we are now at the point where this world monetary crisis has also reached American shores. The New Paradigm? Here it is: credit collapse (asset deflation) + plunging dollar (price inflation) = Greater Depression

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