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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Raja who wrote (60078)	10/24/2000 10:30:45 AM
From: Crimson Ghost	Read Replies (1) of 116756

I agree that $600 POG is very improbable over the next 12 months. But the author's empahsis on jewelry demand as a spur to a gold bull is absurd. The key to the next gold bull is the dollar. When it tanks big time gold will soar. If the buck stays strong gold will remain depressed no matter how big the commodity demand.

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