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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: Lucretius who wrote (41730)	10/1/1999 7:58:00 AM
From: Bobby Yellin	Read Replies (1) of 116764

not really.. one would expect the shorters would have to cover and if their short position was as massive as some have suggested, one would have thought other speculators who were not short would have had a huge party forcing those shorts to cover.. the stock market isn't a mania...just a group of stocks within the market.. I am very bullish long term on gold as the world recovers.. but I think the European CBs let some of the air out of gold market by allowing it to go back closer to fairer value... also with Japan really showing signs of recovering..looks as if we might avoid financial meltdown which really could have spiked gold.. all is beginning to look a lot healthier? including gold bobby

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