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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 385.42-0.3%Dec 8 4:00 PM EST

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To: Davy Crockett who wrote (6551)6/5/2007 3:10:24 PM
From: russet  Read Replies (1) of 29622
 
Gold and producing gold stocks can head in different directions because although the gold price may go up 10-15% in a year the non existent (according to our illustrious government statisticians and bean counters) inflation of inputs needed to mine and process the gold containing rock is rising faster,...so they still don't make as much money as we think they should, so down goes the shareprice.

Pretty wonky shareprice runs recently. What you want to bet that there is a record number of daytraders with lots of liquidity (and margin) and bells and whistles set looking for volume, positive price momo and interesting squiggles on the charts :-[)
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