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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.81

+0.9%

4:00 PM EST

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To: Rarebird who wrote (48809)	2/11/2000 6:54:00 AM
From: long-gone	Read Replies (1) of 116762

<<Now the Gold Mining Industry has to convince investors to take a long position in their company. That won't as easy as closing out a forward sale.>> Rare, Following my most recent post to Ken(or was it myself?): The biggest FEAR the great Wall Street houses in the bull market & CNBC should have is if Gold DOES rally & the XAU DOES NOT follow. It will prove, once & for all, "they built a house they can't live in". They are the promoters of the ideas that: 1) the market is always right 2) nothing is worth anything other than the techs few moving names 3) the very companies they are working for will, in the end, mean nothing, be worthless, & be able to receive NO new investments. The reason the XAU hasn't moved is because the XAU hasn't moved. T/A is the only factor involved in the movement of anything in this market. Fundamentals mean NOTHING(even profit! Need we go find a list of companies(non-gold) which are making great money & are valued by the market at near nothing? (see YUM). Buy CSCO & BVSN or die?

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