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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Real Man who wrote (95529)	6/28/2003 5:19:23 PM
From: goldsheet	Read Replies (2) of 116764

I'll give dehedging (going from negative to positive) most of the credit for the gold rally. Investment demand is still relatively small (about 15% of total demand even after being up 150%) Most goldbugs just don't put their money where their mouth is and actually go buy physical bullion. Let's see if they step up to the plate when NYSE:GLD is offered (6 million ounces)

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