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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

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To: Crimson Ghost who wrote (54574)	6/18/2000 5:45:00 AM
From: TheBusDriver	Read Replies (1) of 116893

<<According to THE PRIVATEER, gold has usually outperformed gold stocks>> Well it sure seems that way just now. I never have been one to buy and hold the metal itself. Always have bought the stocks. I though XAU was susposed to lead POG? Maybe I got that wrong. With all the "outside" forces having their effect on gold I am not surprised that major gold stocks are range bound. Everyone is gun shy. I have a friend who is a pretty active trader, he likes PM stocks as well as "regular" equity stocks. He is avoiding gold shares until he see a signifant move, like $50, and POG to hold that (as you say) before he will consider investing. This is attitude is typical. I am thinking to subscribing to the privateer. How do you like it? Best wayne

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