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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 416.72

+1.2%

Dec 26 4:00 PM EST

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To: yard_man who wrote (13493)	4/29/2008 10:12:49 AM
From: jimsioi	Read Replies (4) of 29622

HUI into initial "TARGET" area... stockcharts.com Thinking GOLD at $850 ought to produce a final dive in the HUI to "revised target" as indicated on the above chart when the FED either doesn't lower rates or does with an indication that's IT. This really is a horrendous failure of PM miners. It demonstrates until proven differently that they are trading vehicles only. Buy them cheap and sell the dear... A new stimulus to propel them higher is needed....and that has to come from economies of scale, cost containment, and gold over $1000.

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