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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.28

-0.9%

Dec 1 4:00 PM EST

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To: Ahda who wrote (58527)	9/21/2000 1:12:15 AM
From: John Paquet	of 116791

Around 11:00am EST Treasuary sold gold, and immediately gold broke through that strong support level $270. At that time I was wondering Goldman Sache did it. This kind of push down gold price has only short-term impacts. The very basic economoic model is in favor of the gold bull. Taoday, I was disappointed as our young BULL XAU encoutered that difficulty situation, XAY did not breakout on the upside of that 49.55, in fact, it went the other way due to that gold sale by Treasury. Have not seen this, there were a gorgeous bullish reversasl pattern is occurring as I indicated by the hours. Maybe Treasury read our posts here. <gggggggg>>> Cheers!!!!! Gold bull will come back . So will XAU bull. John Paquet

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