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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: Terry Swift who wrote (46951)	1/10/2000 4:13:00 PM
From: Ken Benes	Read Replies (2) of 116762

The correction in tech is over. Between now and April, there will be dramatic moves in the markets. The cyclicals and value stocks will again take a back seat to the hitech companies as high valuations were validated by the AOL/Time Warner Deal. Gold, what can you say, it will still be important to GATA and the choir. The market will continue to treat gold as a non entity and the mining stocks, in addition to having a dead commodity behind them, they probably have the most arcane group of managers of any industry. This is not a pretty scenario for any company. Ken

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