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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: Rarebird who wrote (59280)	10/3/2000 11:53:06 AM
From: Richard Mazzarella	Read Replies (1) of 116762

Rare, <<You expecting them to sell?>> Yes, they will eventually need the money to buy food, heating fuel, or gasoline. Even John's calls expire. The same may occur for the gold companies they own, they may expire. <VBG> Until the hardcore bulls sell, gold will continue to wallow or go down. There would only be one other situation that would have me change my forecast. That being a remote chance that someone finds a significant new industrial use for gold that increases gold demand.

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