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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: BigBull who wrote (59381)10/5/2000 10:00:07 AM
From: SliderOnTheBlack  Read Replies (1) of 116763
 
ECB rate hike = a volley coming from the ESF...watch:

Obviously this puts in the bottom for the Euro & the top for the US Dollar.

but.... the ESF can "not" afford to have the POG, or the XAU stocks take off here with still $30 Oil, and ultra-tight heating oil & nat gas supplies going into peak energy demand/heating season.

Watch Gold get heavilly shorted along with a few "key" XAU stocks in an attempt to quash the effects of the ECB shift.

A Gold breakout into this weak market environment & these Energy Prices ? - they can't afford to let it happen right here, right now.

Rubin & Co alleged to have capped the earlier Euro intervention... they can keep trying; but there are too many holes in this dike & not enough fingers imho.

Soon, very soon - the dike burts ...

Loading my little wheelbarrow with NEM as we speak.
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