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

To: Enigma who wrote (9308)4/4/1998 12:11:00 PM
From: Bill Grant  Read Replies (1) | Respond to of 116764
 
enigma,

<<And down the road looms the specter of US protectionism against cheap far eastern goods. The US Congress being the lever.>>

Smoot-Hawley revisited?



To: Enigma who wrote (9308)4/4/1998 1:04:00 PM
From: robnhood  Respond to of 116764
 
<<<The market in gold is so thin (compared to currencies) that a relatively
small spill over into gold (from whatever source) has high leverage on the price.>>>

Yeah, I've been watching the actual trading on the Comex the last few days. Always 1 contract and sometimes 15 to 20 minutes between trades.

russell


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