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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.87+3.6%Dec 11 4:00 PM EST

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To: Robert Dirks who wrote (43886)10/26/1999 10:44:00 AM
From: Ken Benes  Read Replies (3) of 116814
 
GAME! SET! MATCH!

It is over, the shorts will be allowed to cover under 300 or a neutral price, the producers will begin to close out their hedges under 300.00, and gold will then establish an equilibrium price in the low 300.00. The gold stocks, what can you say, sell them, they are not worth owning. There will be no more pincers, enveloping circles, Hannibals falling into ravines, Tora, Tora, Tora's, the deal is struck.
To believe there is going to be more is self deception. We have witnessed the equivalent of landing on Omaha Beach and on the second day going back to the boats, with a promise to return at the end of the week, you never let up on the pressure, unless you do not want to win. GAME! SET! MATCH!

Ken
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