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Gold/Mining/Energy : Gold Price Monitor

GDXJ 107.29

-0.9%

Dec 2 4:00 PM EST

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To: paul ross who wrote (9634)	4/9/1998 12:34:00 AM
From: Terry Rose	Read Replies (1) of 116791

Paul, I don't understand why starting something new and weak would be more advantageous than something new and strong. I also don't understand why someone would pay 100$ for a stock that may earn a quarter such as Yahoo. Regardless, I think that the Central Banks are sensitive to a further decline in the gold price, and I can now aggressively build up my gold position. The beauty of buying gold now is there are numerous scenarios which could fire up the POG, and it might just rise due to the nature of cycles. At any rate I plan to buy right and sit tight. Terry,

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