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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: russwinter who wrote (67363)4/8/2001 4:27:29 PM
From: Rarebird  Read Replies (1) of 116764
 
Talking about Traders Committments, it should be pointed out that the Commercials are tremendously long the Australian and Canadian $$$, Swiss Franc and British Pound Sterling, which is extremely bullish for gold.

I respect historical trends. With gold mining shares, very few are buying now, while many are using each rally as an excuse to sell, just as they did with the general stock market as it bottomed in 1981 and 1982.

The gold market generally acts in a way which will hurt the most people.
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