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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: pater tenebrarum who wrote (54931)	6/23/2000 10:08:00 AM
From: TheBusDriver	Read Replies (1) of 116756

<<what i meant to say is only that the MAJOR reason for gold being in the doldrums is not the manipulation>> I would probably disagree here. Gold IS trying to break out but is being held down by forward sales(?) and the CB selling into every rally. Sooner or later they will run out of gold. My fear is they have enough to keep the price range bound for years! If this is true then we will go broke while waiting. Investors will not be attracted to PM stocks until POG does somethink to attract them. JMHO. wayne

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