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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Probart who wrote (41332)	9/28/1999 6:11:00 PM
From: Benfica	Read Replies (1) of 116764

Why is it when the market is overpriced people say it will continue to keep on going up, but when gold which has been over sold rises up to its proper value then people must be crazy to invest in it? Is internet stocks a great investment? The United States has tried to destroy gold and other metals to the ground. The US dollar is over valued and their market is over priced. Something has to give and a major recession will hit the US. They are not alone in the world. Gold will probably go back to 400 to $410 where it should be. Why don't you invest in banking stocks and watch them flush down the toilet the next couple of years?

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