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Gold/Mining/Energy : NP Energy Cp New
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To: craig poppe who wrote (11377)4/16/1998 11:48:00 AM
From: EtTuBrute  Read Replies (1) of 22810
 
I totally disagree with your ominous outlook for gold. Come May 1 the EU will peg the reserve % that gold will play in their new currency. Ive been reading it will be a higher % then anticipated, ie very good for gold. Consumer demand for gold has also been dramatically increasing over the last year, ie very good for gold. US market way over priced, and economic turmoil abroad, ie very good for gold. One major thing holding gold down is the major short position. Once they have to cover........ Sound famaliar GG
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