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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.74

-1.2%

4:00 PM EST

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To: d:oug who wrote (73778)	7/22/2001 9:46:28 PM
From: Zardoz	Read Replies (2) of 116836

battles between good & evil; its a war with no ending; or if there is an ending, evil will win; as that is the nature of the beast; called think or lose and mankind was given the first choice of all living creatures, to think and they have choice in great number for self-destruction thoughts Good and evil are abstracts and not absolutes. What you perceive as good can be another's evil. Gold is not about a battle between good and evil, it's a market.. You may suggest that gold is to low, where as I see the glass as over flowing. Evil must win is not the nature of the beast; truth is. A central banks holding of gold is generally a wasted investment:"It only acts as a way to mitigate losses on currencies."{Sic Gold} Yet proper monetary policies act as a better way to create a stable economy and thus currency. Hence, gold is a bad investment and is a worse speculation on economic woes. Yet it is possible to use Gold in certain instances in short term to hedge against such conditions. But the long trend of disinvestment of gold is likely to continue in the coming years with the end of the USA holding. Yes, I know the political problems of that, but it will be done. Hutch Doug, time for you to come over to the side of Good

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