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Gold/Mining/Energy : Gold Price Monitor

GDXJ 118.97

-0.9%

Dec 24 4:00 PM EST

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To: Keith Monahan who wrote (8295)	3/13/1998 7:37:00 PM
From: Enigma	Read Replies (1) of 116823

Keith - just a humble opinion (of course) but I think you couldn't be more wrong - unless you are a very short term investor - or in futures and therefore margined and nervous. Or margined on the metal itself. This thread is full of good stuff, from people more erudite than I (me?) however much of the comment betrays extreme anxiety about the POG, no doubt spurred on by short term technical considerations. Just an opinion - but at least it is MINE - we have seen the bottom of this bear run, and the future is up, up, up! It may take a little longer, but as someone said 'better to be two years too early, than a second too late!' Hopefully the two years bit is stretching it a little. We seem to forget that gold is a hedge, investment, safe haven against a rainy day, etc. Maybe the true bottom is reached when nearly all the gold bugs have absolutely given up!

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