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To: SJS who wrote (7231)	2/9/1999 3:11:00 PM
From: R. Gates	Read Replies (1) of 14427

I Don't expect gold to shine, even with the bond market weakening. Falling commodities will keep all metals down, IMO. DEFLATION is tricky business, and one in which few people have experience or understand how deadly it is to markets. 1927-29 was the last time period we saw this kind of global deflation. When China devalues things will get worse quickly... R. Gates

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