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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.27

+3.5%

Jan 12 4:00 PM EST

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To: Crimson Ghost who wrote (73693)	7/20/2001 11:14:03 AM
From: Rarebird	Read Replies (1) of 116852

<POG acting very poorly as the buck weakens.> The Australian Dollar is down sharply. The Gold stocks are outperforming the POG today on the hope that the G8 will agree to a lower USD. The "slippery slope of hope" is at its peak here. A good short term shorting opportunity is coming in regard to the gold stocks IMO. I expect the "status quo" to be affirmed this weekend. I hope I'm wrong.

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