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[Opening Position in Iamgold (IAG)]

Dear Member:

With the further drop in the dollar, gold has risen sharply today. Iamgold (IAG) has broken above resistance on strong volume for this time of day. I am placing an order to buy shares of IAG at a limit of $9.55.

DISCLOSURE: At the time of publication, I have no position in IAG.

Sincerely,
Bill Kraft

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