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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.04+0.7%Jan 16 4:00 PM EST

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To: Hawkmoon who wrote (26781)1/23/1999 12:55:00 PM
From: Mark Bartlett  Read Replies (2) of 116871
 
Ron,

<<It doesn't take much to shake people's confidence and willingness to
"consume". When people don't consume, products aren't sold and
businesses go belly-up. >>

When people run out of money and credit, they stop consuming ... we are very close to that now ... GOLD HAS BEEN A SILENT WITNESS TO THIS WHOLE PROCESS.

If there is to be a market meltdown, it will happen regardless of whether gold is at 200/oz or 2000/oz .... so why not 2000.

MB
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