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Gold/Mining/Energy : Gold Price Monitor

GDXJ 134.74

-0.9%

Jan 21 4:00 PM EST

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To: Richard L. Williams who wrote (21757)	10/16/1998 7:44:00 PM
From: Alan Whirlwind	Read Replies (1) of 116898

The Germans were hampered by the Treaty of Versailles among other post-war agreements which limited the size of their navy, army etc. With regards to their airforce, they never did develop the long range bombers necessary to cripple Russian production of war material in the Urals and quash the Russian Bear because they entered the war already tied to medium range prototypes. As Germany's civilian air service grew throughout the 1930's, planes were brought into production with dual purpose designs. These many passenger civilian planes were readily converted to medium range bombers with the onset of the war. And their development apparently raised no hackles with those who were sticklers over the various post WW I agreements. They were fine, however for knocking England out of the war. If the Germans would have considered England more of an enemy than Russia, the outcome may well have been different. Anyway, why are gold and stocks moving up together? Still think a record downday is in the cards this month. --Alan

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