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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.79+0.6%4:00 PM EST

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To: Mad2 who wrote (47443)4/20/2000 12:35:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
My two cents regarding gold stocks ........ with a market slide we will face deflation and less jewlery consumption ....... then why gold stocks ????

A steady market or even a rise at current inflation there is a concerted effort to keep the price of gold down.

As to gold as a store of value .... e.g. money I am not sure it will be practical.

IMHO only heavy intervention to keep the markets up ...... e.g prnting money justifies physical gold.

Sounds confusing ? yes it is.

Haim
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