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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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From: jimsioi	9/19/2007 4:54:27 PM
	of 29622

Monty Guild on Spanish Gold..and hourly GLD Sales by Spain from their gold hoard have come to an end with two effects The excess supply removed from the market helps the price of gold rise. Spain will not sell much more and European Central bank sales in 2008 will be less than previously thought. All of the above events continue to be positive for gold. Jim's prediction of $760 gold appears to be in the cards soon, followed by much higher prices in due course. Respectfully yours, Monty Guild ------- While the above is longer term bullish, in the short term things might get a little "testy" of support..seems to me... HOURly GOLD (GLD) - looks like a $6 fall tomorrow must be considered...hopefully nothing further down than that...Triple Witching tomorrow... stockcharts.com

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