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Gold/Mining/Energy : GMD RESOURCE

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To: Rick Seavey who wrote (432)	11/16/1997 5:30:00 AM
From: Richnorth	of 1030

Excellent post! Eye-opening post! Thank you for putting things in perspective. To be sure, your post is a timely one for a lot of investors in that it reassures them of the great potential of GMD and, at the same time, cautions them about the nitty-gritty that still lies ahead. It strongly appears that if anyone wishes to profit from GMD realistically, s/he must be prepared to hold it for the long term. To be sure, your "look-before-you-leap" type of post will be greatly appreciated by lots of folks. I am concerned that gold may be headed below $300/oz and stay there for as long as bonds and equities remain in favour. But I hope not. On the XAU-GOLD thread, just in case you are not yet aware, there are two posts (#1 & #2) that are at once somewhat ominous and very positive about the prospects of gold in the near-term and long-term, respectively:- exchange2000.com exchange2000.com.

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