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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Zardoz who wrote (27366)	1/31/1999 1:00:00 PM
From: Lucretius	Read Replies (1) of 116764

hutcho, just what would cause an increase in the price of gold? My guess is you'd say "nothing." (G) the fact is that there is a very large short position that has helped in the tremendous leveraging of the world's financial mkts (there's more in the bond mkt than the stock mkt) when these positions are finally unwound (which they will be)... you will see panic to cover in gold and panic to sell in the US stock and bond mkts. I sincerely hope you are short this week. Things are going to start getting fun. ho ho ho -Lucretius

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