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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: Abner Hosmer who started this subject2/4/2003 7:48:24 PM
From: E. Charters  Read Replies (2) of 116779
 
Three hundred and eighty two dollars.

Three hundred and eighty two dollars.

Three hundred and eighty two dollars.

damn.

Do you know what that means?

It means that gold, the wedding ring metal, is at
three hundred and eighty two damn dollars a troy damn ounce.

That is significant. 370 was not significant. 350 was a bit significant. But three hundred and eighty two dollars is definitely significant. It means that if Tony H or Zarhutch shows up around here and starts in with their gold, short, crap nonsense, it just sound that much more nonsensical and hollow.

Bob Johnson, Gold tooter, Zarhutch, Tony H., Benes that whole bunch of them are just plain negativists. Wrong is wrong and all it takes to be wrong is to be wrong. And the problem with being wrong, is that you are wrong, not right. End of story. Gold is obviously not a commodity, nor does it react to supply like a commodity per se. I realize that commodities in general have done well but gold's rise is not related to their rise in lock step. If devaluation comes, it will not affect gold in the same way.

What goes around comes all the way back around again. It is a law and you have now lived it. Trade and do business accordingly and never never never trust economists or governments again.

EC<:-}
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