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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Bucky Katt who wrote (5855)	1/14/1998 6:12:00 PM
From: PaulM	Read Replies (1) of 116764

I'm surprised to hear you say that. Most people aren't market timers. So buying a historic value is probably the best advice ot follow. When something as unchanging as gold is at multi-decade lows in the midst of world currency crisis it should be bought reflexively. You should average down if necessary. The same applies for miners. Buy those with the balance sheets and the experienced management to last a gold bear. Don't buy on margin. And forget about them. I'm not sure you're right that there will be time to jump on board when gold does move.

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