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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: Oak Tree who wrote (23700)	12/2/1998 1:42:00 AM
From: Jim Ilchyshn	Read Replies (1) of 116762

Or gold could be off $4 Monday because (5) There is some more bad news to come out (Brazilian or Venezuelan default?) because it seem any time in the last year that some economic disaster was announced (Russian default, Indonesian collapse, Japanese banking failures etc.) there was a concerted effort to drive the price down before hand so that there was a perception that there was safety in the U.S. Dollar and that Gold just isn't performing like it should. - Well the emperor is just about to be naked as a jay bird as world wide gold sales are rising fast. Ask anyone living in a collapsing economy how gold has performed in relative terms to their local currency. - Jim.

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