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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 399.29

+0.9%

Dec 17 4:00 PM EST

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To: rubbersoul who wrote (11893)	2/10/2008 12:11:43 AM
From: jimsioi	Read Replies (3) of 29622

rubbersoul, would Sinclair say anything differently... In the short term IMF gold sales could knock off 20-50 dollars off the price of gold, IF the sales were to actually happen or to be believed that they would. OK the Chinese come in and buy heavily, the Russians the ARABS...but that is buying that is currently supporting the market... What one might see is the hedgies get out of GLD and move into the junior miners....in some peoples' dreams..... the place to overweight, in my opinion, is Energy, there ain't no IMF or Central Bank sellers there. I have some personnel transitioning to do...

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