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Gold/Mining/Energy : Gold Price Monitor

GDXJ 87.56

-4.9%

Nov 4 4:00 PM EST

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To: baystock who wrote (75744)	9/1/2001 1:11:27 AM
From: Rarebird	Read Replies (1) of 116752

Wall Street is on the verge of capitulating; that is to say, giving up on equities. Gold is the alternative investment of last resort for most people. The investment demand needed to push the POG considerably higher will come after Wall Street loses all hope and surrender is achieved as the Bear kills the USD. It is going to happen. The process has already started. I give the USD 4 months at most before it breaks below 100.

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