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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: H James Morris who wrote (131786)9/23/2001 5:12:13 PM
From: craig crawford  Read Replies (1) of 164684
 
i believe rushing to gold as a safe haven is a mistake. i believe it is a knee jerk response because there aren't too many other safe places to park your money right now. i believe the reality of the situation will set in during the coming months and people will start to realize that demand for gold will be weakening right along with economic conditions. perhaps glenn could address this better than i, but i just don't see consumers rushing out to buy gold jewelry. i see them as hunkering down and paying down their debt instead.

i believe there will be one last sell-off or shake out in gold before it's really time to jump in big.
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