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Gold/Mining/Energy : Silver prices

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To: kimberley who wrote (923)	3/19/1998 7:00:00 AM
From: Mark Bartlett	Read Replies (3) of 8010

Kim, If I had all the answers ... I'd be rich<G>. As far as gold is concerned, I think we are very near a turning point .... but as to the exact timing ???? IMHO I think when the Euro business is cleared up (should be in the next couple of months)we will have a good indicator of where we are heading. When the US dollar backs off, we will see an improvement in gold. I agree with you .... the EU would be very foolish NOT to hold substantial gold. Over the last several months in Asia, it did its job very well ... and if the did not see that, something is wrong. The fact that "bad news" does not seem to be impacting the price down is bullish ... recovered nicely yesterday ... will that continue?? According to Kaplan, there is more commercial buying ... and that's bullish. Wish I could be more helpful ... but I'm rowing with the same oars as everybody else ... I'm certainly not fully committed - but I am by no means out of the picture either. Take care, MB

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