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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Wowzer who wrote (48314)7/21/1999 11:03:00 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
OT:

Gold has indeed been a disaster for many years now.but the tide is changing and the lows are in despite all the bearish news items. Lookimg for a move to $300 or better by year-end, with gold stock indexes up 50% or more from current levels. Base metals, oil, and now grains are moving up. Gold is starting to follow.

In a real gold bull CB sales will be easily absorbed as they were in the 1970s.

I do prefer oil to gold. But the OSX has already jumped 50%; gold stocks are still very near their lows and are down considerably from year-end 1998.
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