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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.87

+3.6%

Dec 11 4:00 PM EST

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To: IngotWeTrust who wrote (86488)	6/5/2002 6:42:21 PM
From: marek_wojna	Read Replies (2) of 116811

<<I believe I was the one that stated, and correctly, that the bubble gum zone between $320 and $335 was very nearly impentrable, except for enthusiastic short covering bouts that might reach $345.>> So what will it take above that? I'm asking because nothing looks that the demand is weaker, supply not growing, recycling Russian rockets cost American taxpayers $1000.000 a piece + cost of building the facility and they cannot even keep the recycled gold from the missiles. No wonder Russians expect record growth in gold production. <g>

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