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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

Nov 18 4:00 PM EST

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To: Enigma who wrote (23620)	12/1/1998 7:46:00 PM
From: Oak Tree	Read Replies (4) of 116762

Enigma, could gold be off $4 because (1) Russian gold is going to be sold on the open market to pay off debt? (2) The European currency will not be gold backed (3) Euro-crrency will compete with $ for investment - leaving gold the least desired of the three monetary forms. (4) Oil and most all commodoties including gold are at near all time lows

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