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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

4:00 PM EST

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To: The Street who wrote (17954)	9/7/1998 2:18:00 PM
From: Tom McIlwain	Read Replies (2) of 116790

<<ANY one else read where Russia says it will buy GOLD to shore up the ruble?>> Do you have some reference for that? I read that the ruble would be backed by gold, I did not read that they would be buying more to shore up the price. I don't read everything though, so I might have missed it. Given their situation, wouldn't it probably be cheaper for them to dig it out of the ground than to buy it on the open market? Tom McIlwain

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