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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: long-gone who wrote (49922)	3/2/2000 1:05:00 PM
From: Rarebird	Read Replies (1) of 116909

Your talk of manipulation is a lie, sour grapes because gold has been a poor investment since 1980. I'm not bearish on gold over the long term. I think the CRB is a screaming buy here and Gold will see $1,000-$1500 an ounce sometime this decade. If you take a look at my profile on SI, you will see that I have had posted since the beginning of the year that this year will be the transition from paper to hard assets. I profit in any type of market and I have no axe to grind like you Richard. One has to be bearish on Gold over the short term. The dollar is to strong and we are presently in a tech investment mania. When that trend changes, Gold will eventually rise. As for ABX bashing, I want to make it clear right here and now that I am a big fan of this company and I think they have a great balance sheet. ABX should not be blamed for Gold's woes. The problem with Gold is the strength of the dollar. I also want to personally thank Bob Johnson for his very insightful posts and for his great web site.

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