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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST
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To: Enigma who wrote (20675)10/5/1998 11:29:00 AM
From: teevee  Read Replies (3) of 116830
 
Hi threadsters,
Various G-7 central banks will sell as much gold as it takes in order to maintain confidence in paper money, especially in times of market uncertainty as we are now in. Interestingly, this will also help provide liquidity, if needed, to hedge funds with large short positions.
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