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Gold/Mining/Energy : Gold Price Monitor

GDXJ 136.03

+6.2%

4:00 PM EST

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To: dblclk who wrote (60108)	10/25/2000 10:08:41 AM
From: SliderOnTheBlack	Read Replies (1) of 116895

dblck ? .... hello ? dbclk ? ... I've been on SI for a couple of years - basically been 100% invested in the Oilpatch during that time other than briefly picking over the ashen ruins of the April-May NAZ Tech Wreck & done pretty well since the OSX run was a 2.5 bagger since the fall of 1998.... I never owned gold, or gold stocks in my life before the entire Gold Derivative situation came to light with the infamous Sept 1999 Gold Rally stamp out and only this past year bought my first gold stocks. Dabbled in & out thru this summer; but of late - given the unsustainable strength of the US Dollar, the inflated NAZ Bubble that's going to implode - saw the light on Golds. My entire point is I am far, far, far from a "stereotypical Gold Bug" - ie: someone who's either allways maintained a substantial Gold/PM position(let alone ANY position), or more stereotypically - a conspiracy theorist who thinks the world is doomed & only gold is the truth , the light , the way... I am most definitely a new wave of Gold/PM investors who are here now for the first time because of two primary factors: 1. The market is a mania-bubble that will collapse 2. Gold has been artifically depressed via the ESF's need to hold the POG down to be able to decry that there is no sign of inflations, that food & energy don't matter etc. The entire derivative situation that exploded with their quashing of the Sept 1999 POG rally is what makes the enivatable - "when, not if" rise for Gold so attractive. I dabbled in AEM FCX & a few others this year as have a few posters on the SD thread; but only recently began establishing any type of portfolio weighting. I have no clue from where you're coming from ? ....I've pounded the table recently pretty consistantly on this: 1. ride the final rally of Black Gold (Oils) - continually taking profits & rotating into all XAU/GOLD weakness 2. establish a portfolio via averaging into the XAU slowly & with a plan 3. short the NAZ bubble Doing pretty well so far & I'll keep averaging into the Golds - hell; I hope the XAU goes to 30.... I'm a buyer. Have a nice day dblclk & GO YANKEES !!!!!!!!!!!!

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