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Gold/Mining/Energy : Games Trader

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To: LaFayette555 who wrote (1212)9/22/1999 12:11:00 PM
From: goldsnow   of 1239
 
Analysts said this week's rally would likely continue in step with growing pent-up demand for gold, a recent price surge for key commodities and a weakening U.S. dollar.

``It's not a flash in the pan as everybody expects,' said John Ing, president of Canadian brokerage Maison Placements Canada Inc. in Toronto.

``My expectation is that there is at least another $10 or $15 on a move (up) on the spot basis before we run into resistance. My view is still that we are going to hit $300 (an ounce) before the end of the year.'

infoseek.go.com
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