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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: longdong_63 who wrote (96787)7/21/2002 10:11:16 PM
From: sylvester80  Read Replies (2) of 99280
 
I will repeat it. Gold higher on May 28 or almost 2 months ago than it is now. At the same time that the DOW was at 10200 and S&P at 1100. Since then, the dollar has crashed, the DOW has crashed, the S&P has crashed and Gold hasn't done crap. What more do you want? Look at GFI. May 28 $16, Now $12 or down 25%. Gold and gold stocks have been a joke during this market crash of the dollar, DOW and S&P. Maybe you should be asking why that is?

I still say that as long as inflation is under control, gold is going nowhere. And if markets improve, watch out for gold stocks implosion.

JMHO.
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