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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (21596)7/23/2002 9:11:44 PM
From: Maurice Winn  Read Replies (2) of 74559
 
Okay, NOW I am outa here. Meanwhile, I checked kitco.com and Au is cheaper in future, $315 in December. That seems a lot cheaper than $320 now. Hmmmm. That must mean something.

Gold going down the gurgler?

search.ft.com
<Traders said gold volatility intensified yesterday as investors took profits after a string of gains. In late afternoon trading in New York, spot gold was $9.90 lower at $313.25 an ounce while the precious metal fixed lower at $319.70 an ounce late in London. >

Actually, we have no choice but to act on our theories and test our concepts, whether we know or admit that that's what we do every second of our day. But of course you mean with enthusiasm and daring and fully aware of what you are doing and the cliff on either side. What fun...

Mqurice

PS: I have inspected Hong Kong, but way back in 1990 on the way to Japan. I am due for another visitation en route to Beijing, Shanghai and Dalian. The frog-cutting techniques up the back streets impressed me and somehow put things in perspective; half a minute from when the lady asks for frogs from a basket of live ones, to them being cut up, peeled and gutted, still moving and in the shopping bag. Naive investors with French ancestry feel especially vulnerable in such circumstances.... I hid my delicious legs...
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