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Gold/Mining/Energy : Gold Fields Limited-GOLD

GFI 46.56

+1.2%

Dec 26 9:30 AM EST

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To: Jerry Miller who wrote (11)	9/5/2002 12:44:15 AM
From: Jerry Miller	of 24

"Ah", but I hear thousands of you would be buyers cry, "gold can't go up much, might even go down, because the market is manipulated - "they" won't allow it to go up, because of their huge short positions and will get the central banks to dump palettes of gold bars on the market if it threatens to". Oh, really? I'll tell you what I think of this widely disseminated theory. I think there is fair probability that it is a smokescreen to put ordinary investors off buying gold stocks, indeed to get them to sell, and also to prevent run-of-the-mill market advisors and letter writers from recommending them to their clients. GATA et al may even be "on the payroll" of this plot, if that's what it is - but I emphasize that this is an unsubstantiated suspicion on my part. Meanwhile, smart money has "backed up the truck" and is getting gold stocks on board like there's no tomorrow. When the time is right GATA et al will simply "evaporate" as gold goes steaming up." gold-stocks.com

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