Gold Price Monitor Message Board

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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: goldsheet who wrote (67998)	4/20/2001 3:31:28 PM
From: Alan Whirlwind	Read Replies (1) of 116762

The rules of the thread preclude overt discussion of individual stocks. At least I remember the days not so long ago when those who mentioned stock names were corrected. If the world goes into depression, gold will gain value as far as purchasing power goes. More likely a rebound will stick for awhile and demand will continue. Every month the price stays cheap (below $300) the fundamentals improve. Just remember the discussion about oil at the $10 bottom. It was supposed to go to $7 or $5. Instead it tripled. In the case of oil, price got low, wells were shut down that couldn't be started back up again, small producers sqeezed out of existence, exploration curtailed--sound familiar?

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