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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: t_w_b who wrote (788)5/20/2001 8:47:40 PM
From: Michail Shadkin  Read Replies (1) of 6873
 
TWB - Re: Gold

Gold has been a dead investment since 1980.
It has given so many false buy signals in the past, that I give no credence to the current.

I feel gold is doomed to stay below $300/ounce for a very long time (with periodic spikes), unless inflation really starts picking up.

In my view, being short gold is more tempting than being long.
I just dont see any catalyst to keep driving gold higher.

Michail
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