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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.16

-0.1%

Jan 13 4:00 PM EST

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To: baystock who wrote (38877)	8/12/1999 12:51:00 PM
From: Ken Benes	Read Replies (2) of 116856

Correction Richard: Gold up .70. As far as the juniors go, unless you have a lot of money to put at risk, I would be very careful. Any momentum in the gold market will bring out more hucksters from Vancover than gold out of the ground. The junior market is rigged for the purveyors of private placement stock, who use any good news to unload this stock when it becomes unrestricted onto the unwary investor. The guys behind the junior market made a killing several years ago and have been living off the proceeds of the loses suffered by novice investors. With a buzz returning to the gold market, these guys are dusting off their spin machines. For the average investor, stay with the big names, and do not become a long term investor in gold. Making money in the gold market requires some very adroit trading abilities. Ken

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