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Politics : Gold and Silver Stocks and Related Commentary
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To: SwampDogg who wrote (17169)8/14/2005 10:53:10 PM
From: Claude Cormier  Read Replies (2) of 18308
 
The fact is the mid-tiers and seniors have not made money to those holding them in the past two years. They gave been good only to successful traders.

Gold could well come back down to its lower trend line and the gains made in producers in the last few months could be lost. Gold could still even break down its current formation.

There is a big difference between a trader and an long term investor when it come to making money with prodcuers. In the past two years, it is clear that there was only one game.

Of course, I agree with you, if gold confirm the break out and move above December 2004 high, then we shoudl move towards $500 and the producers of all kind and soon-to-be will pretty much be in the game.
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