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

To: Peter Neidhardt who wrote (12110)	5/24/1998 1:11:00 AM
From: Terry Rose	Respond to of 116823

Peter, The percentage of Euro gold may not be announced until July so it may be early for the market to address this issue. It's price is also being influenced by the gold derivative market which is keeping a ceiling on it's price. I along with others on this thread believe that the dollar or interest rates hold the key to a definitive price move in gold. Likely pitfalls for the dollar are 1. Inflation 2. Stock market correction 3. Trade deficit 4. Competition from the Euro 5. All of the above. Terry,