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Gold/Mining/Energy : Gold Price Monitor

GDXJ 144.21

-0.6%

Jan 26 4:00 PM EST

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To: Tommaso who wrote (77512)	9/26/2001 5:23:05 PM
From: John Graybill	Read Replies (2) of 116922

You bet, that's great. I gleefully pronounced the Great Bubble was near an end back in 1998 when I started to see articles on day-trading in men's fashion magazines and ads for futures trading on non-financial TV shows. I even heard ads for futures trading on the Howard Stern radio show. That was a sign that the mania was just starting to pick up speed, not that it was nearly ending. Haven't seen the ads myself, though. Are they for Eagles and Maples &c with low premiums, or are they for "collectable" coins that require you to pretend you know about grading, vintage, etc. The closer it is to a trading vehicle than a relatively illiquid "investment" (I always translate "think of it as an investment" as "think of it as overpriced") (i.e., old paintings, cases of fine wines), the better.

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