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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.34

+3.7%

Jan 5 4:00 PM EST

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To: pater tenebrarum who wrote (56457)	7/19/2000 10:01:36 AM
From: Rarebird	Read Replies (1) of 116842

Heinz, I don't think I'd go that far to say that the POG "is in free fall." The commercials have been short and the dollar has been rising. There really should be no surprise here. The more interesting question is where will support come in. With the exception of NEM, which is grossly overvalued and appears to be heading to longer term support at around the $16.75 area, other gold stocks like PDG and ABX have held up quite well thus far.

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