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Gold/Mining/Energy : NP Energy Cp New
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To: craig poppe who wrote (11377)4/16/1998 10:56:00 AM
From: Mike Gold  Read Replies (2) of 22810
 
Craig you are a pessimist, aren't you? Actually it is true that some central banks are dumping gold. However, it is equally true that other central banks are adding to their reserves. Furthermore, european union required gold reserves are likely to force countries to increase their gold reserves. I think $350 is much more likely to be reached than $250. By the way, gold sector stocks are the second hottest sector in 98. Try some valium Craig. It might do you wonders.
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