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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 399.01+0.1%Dec 19 4:00 PM EST
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To: Don Earl who wrote (15494)10/9/2008 4:52:46 PM
From: GST  Read Replies (2) of 29622
 
There is no particular point at which gold might settle based on any pre-ordained limits. Gold is positional -- and right now it is attractive as one of the few asset classes in a uptrend. It is THE perfect play for those looking for pure irrational momentum in an otherwise dire market. A decisive move above $1,000 US could propel gold to levels that are hard to imagine.
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