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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.98

+0.2%

Dec 4 4:00 PM EST

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To: E. Charters who wrote (21278)	10/9/1998 4:48:00 PM
From: philv	Read Replies (3) of 116796

Why invest in gold? "They will fix things, they always have" That's the majority opinion. The Fed, IMF, World Bank, Investment Banks, Development Banks, BIS, ECB etc. etc. etc. will not allow the global banking system to fail. The market knows that, and gold is not part of the fix. Brazil is too important to fail. I have heard that many times lately. And soon, the IMF will get their funding from Congress. It is no wonder gold is in the doldrums......can't compete.....stacked deck. These guys will play their game to the bitter end. regards

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