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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 362.31

-1.8%

4:00 PM EST

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To: jimsioi who wrote (9960)	11/17/2007 12:16:55 PM
From: SwampDogg	Read Replies (4) of 29622

I just disagree with you on the last paragraph. As humans we try to tie everything up into a neat little package making sense out of everything. As I am said in the past, gold has rallied in about every environment that one could imagine in the past 6 years including strong and weak markets and a strong and weak US $. It is on its own path to moon and the relationship to general market may be a coincidence. As far as the holdiays go get ready for over $900 by Xmas. Take a look at a 6 year chart of the $HUI. it may be the most perfect chart I have ever seen. A series of bull market moves following by perfect flat or triangle corrections. Didn't really matter what was going on in the general marekt. In each case it was a different set of circumstances. Gold needed to pull back and it will be all the stronger for it. Once again nothing like 1980.

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