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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

4:00 PM EST

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To: long-gone who wrote (71513)	6/11/2001 2:33:04 PM
From: goldsheet	Read Replies (2) of 116779

> it is his belief that gold must always go down Well, at least I am often hopeful for a rise in gold prices, even though I have been frequently disappointed. I found one of my comments from May 1997 - "I'm not predicting a gold rally, but weakness in the US dollar is definitely required before we can have one. Maybe we will go through the "summer doldrums", build a long strong base for gold at $us 340, get over the Bre-X aftermath, and set the stage for something more postive by the fall ? " I was concerned about the strong dollar four years ago, but still hopeful we might get over it and see something better by the fall of 1997. I can't believe I'm still hoping things will get better, maybe in the Fall of 2001 ???

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