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Strategies & Market Trends : Strictly: Drilling II
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To: Crimson Ghost who wrote (13263)5/25/2002 9:21:33 PM
From: Square_Dealings  Read Replies (1) of 36161
 
George, Actually gold bullion is just starting the 3rd wave advance so it's early on the POG imo. Maybe stocks will take a rest while gold bullion outperforms the XAU for a while?

But if it is 3rd wave of gold price advance it looks clear to at least 350 - 380. This is great though, we are definitely climbing a wall of worry.

Make no mistake though this is a huge wave coming in gold, much bigger than we can imagine because its been held down for so long. The beast is loose.

Silver is the same, just starting to breakout on the silver price while the stocks have already moved a lot.

I think the phase is coming here where paper assets are going to be dropped for the real thing.

M.
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