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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: Zardoz who wrote (27102)	1/26/1999 8:28:00 PM
From: Jimsy	Read Replies (1) of 116912

Hutch - keep yer watch on da gold, and yer puts and calls. XAU and XOI have been tracking pretty close, but just perhaps a divergence may occur. There could be a panic into gold depending on the perception of the outcome of the vote tomorrow to dismiss and call witnesses in the Clinton trial. If things are perceived to taking a downturn, look for a collapse of the Internets, money won't likely go to bonds because of the financial situation Brazil/Asia, oil based stocks still in the glut situation wrt supply, other metals still in oversupply, so folks may head for gold since it might be perceived as a safe haven at least temporarily. Once this gets started lookee out for da stampede!

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