Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (11746)	5/4/2002 5:22:25 PM
From: Joan Osland Graffius	Read Replies (2) of 36161

Frank, On FOX this morning they were looking at the Newmont chart and recommending to buy at a close above $30. Every once in a while the media is starting to look at the gold stocks. Also looks like the media is starting to give credence to a double dip, and a very overpriced market. I only have two friends with me on gold - and we were on board after the NAZ crack averaging down. The rest of the folks I know are starting to chase corporate bonds and small caps. IMO, the majority of the public has been taught for the last 20 years that gold is dead - as well as any other metals. Can you tell me what is going on with nickel as I notice the price has increased rather dramatically. Do we have a supply problem? One other thing is the Russians are adding to their gold reserves. Wonder if this is taking some gold off the supply side of the equation. Are you going to send some blowing snow our way? I have a golf game on Tuesday!!!!! Joan

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