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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.28

+3.8%

Nov 28 4:00 PM EST

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To: Hawkmoon who wrote (27673)	2/3/1999 2:51:00 PM
From: long-gone	Read Replies (2) of 116790

<<There greater stakes in all of this, and while I don't condone manipulation, I understand why they are doing it (if they indeed are since all we have is hearsay and undocumented accusations).>> While we can "agree to disagree" on the proof of the manipulation(there is still the matter of the two news releases on the same day one stating yes the other from the EU CB stating no) we can agree on the manipulation sucking. Now, that we have agreed on this key issue, would you also agree that the current level of manipulation (allowing for profits and bonuses for LTCM) is wrong? I still say these guys should not be profiting from manipulation. If the Federal is as good as everyone wishes to believe at the tight rope act, it would be an easy feat to manipulate "any" price, not jsut the current range of $286-290. The economy was growing(very well) when the price was (some) higher. What price would you allow? I can not see the "greater stakes" in cutting LTCM to the quick. One of the big boyz might miss a Porsche payment or not be able to take that trip to the Hamptons? That would just be too much(BS).

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