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Gold/Mining/Energy : Precious and Base Metal Investing

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To: crustyoldprospector who wrote (14709)7/24/2003 2:59:54 PM
From: Claude Cormier  Read Replies (2) of 39344
 
Several months ago, silver was the laggard and gold was performing strong. Now it is the other way around. Until both make new highs simultaneously, we will still be in a trading range with no confirmation of a bull.

For now the best thing that could happen is for gold to surpass its 2003 highs en route for the 1996 high. So $375 is the first target with heavy resistance at $365.

In other word there is plenty of time to get more agressive with producers. This being said, it is certainly time to start buying.
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