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Gold/Mining/Energy : Gold Price Monitor

GDXJ 104.50

-2.0%

Dec 8 4:00 PM EST

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To: TD who wrote (41705)	10/1/1999 7:07:00 AM
From: long-gone	Read Replies (1) of 116798

breaking news(?): contrarian indicator: CNBC "As quickly as it started, the Gold Rush is over". Immediate $3.50 move on the "news". Remember, the recent gold move was a surprise to most quoted "analysts".!. Are we now reaching a point that at every point of gold "downspeak" or silence a rally is posted? Are the "quoted analysts" so out of touch with the current realities of the gold market place that they will never again see the next coming rally? Will each future incident of "downspeak", silence, or negative verbal speculation, fuel the beginning if another fiery rally? The world knows that the bulk of "analysts" interviewed by CNBC are negative on precious metals or employed by firms with a short position. Does the world also now know trouble in the short community is noted publicly by downspeak or silence? Are the precious metals now ready to "climb each progressive wall of worry"(& or silence)? Are the broad monetary press so out of touch with the precious metals that each period of silence or negative report will illuminate a fresh target on the shorts?

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