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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.99

+0.3%

Nov 11 4:00 PM EST

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To: lorne who wrote (27962)	2/10/1999 8:40:00 AM
From: Hawkmoon	Read Replies (1) of 116753

Lorne, That's an interesting bit of news you found there. I especially liked the phrase "act in their own sovereign interest" with regard to possible CB sales of gold. Think they might know some of the inside strategy being played by the CB's?? I perceive that CBs will increase the liquidity of the gold market in order to keep it in a non-competitive price range with the Dollar and Euro. They do it with Fiat cash, I don't see why they wouldn't do it with gold as well in order to maintain price stability. Regards, Ron

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