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Gold/Mining/Energy : Gold Price Monitor
GDXJ 110.89+1.8%Dec 10 4:00 PM EST

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To: PaulM who wrote (5434)1/8/1998 8:26:00 PM
From: Eashoa' M'sheekha  Read Replies (1) of 116810
 
The Numbers Look Good.............

But it is sentiment that's driving this gold market,and the many
players are likely aware of this.When do the numbers catch up to
the sentiment players?When do the gold miners themselves unwind
their hedge positions?When and what will convince people to take a
more positive outlook.The answers may well be hidden in the intentions
of the EMU.

Yet the information being afforded the observer,or investor looking
for alternative investment vehicles,is pathetic and twisted,to say the
least.CNBC,in their normal anti-gold stance,while interviewing a guest
today,gave a negative commment " but not gold,gold has done so poorly"
without the subject being brought up.The guest made no comment..hmmmm.

Maybe we should all E-Mail CNBC and question their objectivity.If I
were the guest,I would have had to say..." tell that to all the folks
in Asia who were quite happy to have had gold this past few months,at
even today's prices in the US.Gosh golly...too bad it wasn't trading
in it's historical range of three fifty "...... And the beat goes on.......

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