Royal Gold Inc Message Board

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Gold/Mining/Energy : Royal Gold Inc

RGLD 176.83

-2.1%

Oct 29 3:59 PM EDT

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To: IngotWeTrust who wrote (19)	9/10/2003 6:53:34 PM
From: Jerry Miller	Read Replies (1) of 23

i've noticed that too, and it's true of most of the gold stock boards i can find here. comments are very few and far between. i'm thinking that it has something to do with a 22-year bear market. folks want proof. i count myself among them. RGLD, for some reason, seems to attract the big shorts the offshore guys, i hear. they're powerful. i want to wait to see if this latest gold move has anything to do with 9-11. if tomorrow passes, and gold doesn't drop $20, it'll provide a little confirmation, for me anyway. the shorts have clearly come back into RGLD. it may be in anticipation of a post 9-11 sell off...in which case all the gold stocks will pull back, and RGLD thanks to so many shorts lurking will probably pull back more than its share. doesn't really matter though. the only thing that matters in this sector is the price of gold. gold is going to $400. and RGLD is going to $40.

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