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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (36861)	7/8/1999 5:45:00 PM
From: lorne	Respond to of 116789

IMF, Nations' Plans to Sell Gold Stir Political Fight Foes Say Sale of Gold Reserves Will Undermine Debt-Relief Plan By Paul Blustein Washington Post Staff Writer Thursday, July 8, 1999; Page E01 ...." Hyperbole aside, gold is shaping up as a major bone of political contention this year -- and before long, ordinary Americans may indeed develop strong feelings about the gold market in ways they haven't since the late 1970s and early 1980s, when the yellow metal's price soared above $850 an ounce because of its perceived value as a hedge against inflation and economic chaos.".... ...." Backing the industry is a small but vociferous band of gold bugs alleging that sinister forces are conspiring to knock the metal's price down. "It is only a matter of time before a 'John Dean' comes walking in the door or someone sends us a 'stained dress,' declared Bill Murphy, chairman of the Gold Anti-Trust Action Committee, in a speech posted on his group's Web site."... Full story >>> washingtonpost.com