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Gold/Mining/Energy : Barrick Gold (ABX)

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To: gemsearcher who wrote (3081)5/29/2002 10:12:08 PM
From: russet  Read Replies (2) of 3558
 
You reading all this crap,...can you believe a thread where the most frequent posters are anti the stock, what a treat? I must admit, I enjoy most of the crap spewed out here,...one of the best threads I've ever contributed too because it is bad to be pro the stock,...wish I had the time to really let the fur fly (ggggggggggggg)

In ABX at CDN$34.25 today, just to put my money where my mouth is. Goldman is a small counterparty, and perhaps has been snubbed by Barrick now that Barrick has their own bullion bank, so they counter by lashing back. In reality they downgraded the whole gold sector, because they think (or want) the POG is headed down due to declining jewelry sales, but so far the demand is being taken up by the long speculators. As long as America is going to fight the muslims, and American citizens are going to spend every cent they make and more, their currency is going to fall off the deep end. Perhaps they will finally have to reflect a little harder on their support for Israel, and I'm not even considering what Spitzer of New York is doing to the stock market ANALysts (gggggggggggggggg)
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