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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Victor Lazlo who wrote (110690)	10/17/2000 8:34:59 PM
From: GST	Read Replies (1) of 164684

Victor: "You know that. Why are you playing such games??" Actually, I am not playing games. You are, I presume, acquainted with the US current account deficit? We have been in a strong dollar regime since as long as anybody can remember -- I don't doubt that. Do you remember the plaza accord un Reagan? This is hardly new. But, like the stock market last spring, things eventually get to a ludicrous stage and then reverse themselves -- and that will at some point happen to the dollar. The current account deficit will get us in the end. Knowing that, gold will be smart move, and in its present oversold condition it will shoot up like an internet stock with a small float in a feeding frenzy -- you remember what that looked like once upon a time? LOL -- Gold is positional. Gold is the currency of last resort. Gold is oversold in ways that have not even been invented for other asset classes. And gold stocks are few, far between, and tiny. The leverage is awesome. Good luck -- I will keep my gold stocks for what they are worth, which is likely going to be a lot more than the crap touted in the tech chat rooms of America.

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