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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.99

+0.3%

Nov 11 4:00 PM EST

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To: cAPSLOCK who wrote (18838)	9/14/1998 7:50:00 PM
From: Bill Jackson	Read Replies (1) of 116753

cAPS, More SLOCK<GGG> about gold. This parallels the oil situation where the sellers actually hurt themselves by selling. If they stopped the price would double and then they could sell 50% for the same money, but nom they sell all they pump. Similarly all the small countries that sold gold shoulda waited. The difference is there is more oil, there is not more gold(in all these small central banks) so soon we will have an inflexion point and price instability with large up and down jumps in gold? Will that happen? And then trend will be upwards, Fast if Japan and Asia repair quickly. Bill

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