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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: TATRADER who wrote (44591)	11/5/1999 7:47:00 AM
From: Zardoz	Read Replies (2) of 116761

TA Trader Warning: Often silence is but one person not listening. The streams of data pointed to a lower POG back when GOLD was $329. Even at $305 it becomes clear that gold is unlikely to pass $310. But to truly believe that a rally is once again going to begin is to neglect that I would be screaming loudly at $305 again{based on many TA points}. So no, silence on my part does not necessitate a bull market on golds' part. If it was only so easy, I'd quietly buy gold and become rich. Hutch PS: XAU is undervalued relative to POG. Which suggests gold may well go lower, or the XAU will climb?

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