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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Bobby Yellin who wrote (33708)	5/12/1999 9:17:00 AM
From: John Hunt	Read Replies (1) of 116764

<< how do you think the trade deficit will be unwound .. to me .. trade deficit is the biggest plus for gold right now .. because internal debt is one thing >> I think the trade deficit will unwind when the stock market finally crashes and there is less money around to spend on imported goods ... This should also lead to a weaker US dollar as international money moves elsewhere. BWDIK ... I may be spouting nonsense as I am not an economist. John

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