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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: Alex who wrote (3245)11/17/1997 10:32:00 PM
From: philv  Read Replies (4) of 116816
 
This is getting crazier daily. Market goes up, gold goes down. Market goes down, gold goes ??????? down! Lets face it, gold is going in one direction only regardless of what the market is doing, regardless of political instability (Iraq), and regardless of immense fiscal problems in the once envious, wealthy, stronghold of laissez faire capitalist, untouchable far east. (Could add many more superlatives)

You all know that this has been the recent history....no argument. So...what does it take to move the POG?

Most of the readers of this forum have long ago made up their minds as to the long-term future of gold and gold stocks. These are the same people (like myself) who have probably lost a lot of their investments in gold or gold stocks. It is not pleasant to contemplate one's present position, as the hope for a break is being dashed on an on-going daily basis. Those people who remain committed in this game are die-hards, no question.

Question is what keeps us in? How many disappointments can we endure? What is the basis of our "faith"? What keeps YOU in the game?

Just trying to re-focus and re-state the case for GOLD and perhaps re-examine the entire rational.

Interested in all your thoughts

Phil
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