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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: gold$10k who wrote (5546)3/12/2007 4:36:57 PM
From: jimsioi  Read Replies (1) of 29622
 
VT, back and forth undecided, yes

Little surprised was I that Gold didn't do better with the dollar as weak as it was...Seems the market is concerned about a stronger yen..and the effect on the carry trades..We need to see the commercial long or better the large speculative long position come off more before we go higher, in my opinion, and that will require lower prices..

yen
stockcharts.com[h,a]dacayyay[dc][pc50!c200!f][vc60][ilb14!la12,26,9!ll14!lya7,14,28][J19939907,Y]&listNum=1

With the market anticipating $90 uranium prices to be posted tomorrow I was also surprised uranium stocks weren't more active to the upside...Maybe tomorrow...PDN was about the best performer..
stockcharts.com
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