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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

Jan 16 4:00 PM EST

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To: SwampDogg who wrote (30014)	3/14/1999 3:09:00 PM
From: goldsnow	Read Replies (2) of 116874

Let me expand on this line of thinking....If oil is low..would we see more buying from Asia that is according to some is coming to life? Do we really have oil shortage not glut in terms of World Growth... why .com is factored in growth and .gold or .oil only value? With POG bouncing off $274-282-285 levels that many times nothing one can add...as for CB selling..how about investors (much more money than all gold) unloading USA expensive shares....taking dollar to the levels consistent with country debt and economic prospects... (but you right not sure about POG in terms of Australian Dollar :) You seem to imply that CB would be selling appreciating assett in favor of declining dollar? Logic?

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