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Gold/Mining/Energy : Gold Price Monitor

GDXJ 127.15

+0.4%

4:00 PM EST

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To: Zardoz who wrote (33191)	5/5/1999 5:13:00 PM
From: Bobby Yellin	Read Replies (4) of 116857

Hi Hutch: something hit me between the eyes..sorry I will be too impatient to spell it all out.. please if you don't agree say so BRE-X collapse.. then all juniors and gold collapsed..(I haven't looked at chart..just impressionistly seems that way to me)..so why if that meant all that gold wouldn't be coming on market.. it isn't about that at all.. it is about who has the money..brex.. Peter Munk knew that it was a fraud right? wrong? how would that play into the equation..if true.. hold that thought next..gold would keep on running before BRE_X because BRE-X made many people rich with gold and those gold lovers thus had the money to buy more and more gold..once all the margin calls came for those people they had to sell all their holdings that were on margin and also ran out of money to buy gold.. I don't mind sounding dumb..it just finally helped me realize how it is about money and power.. ps if that is right and if Peter Munk was one of the few who knew that BRE-X was a fraud..what are the implications if any? --what are the implications for the internet stocks currently..going along the same lines

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