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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.90

+0.9%

Nov 18 4:00 PM EST

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To: James R. Barrett who wrote (14728)	7/20/1998 6:56:00 PM
From: goldsnow	Read Replies (4) of 116762

You must admit there is something satisfying in being able to say, "yeah, I paid ten grand for it and sold it for twenty". Not so. If you sold it for twenty and it went up by another fifty...:) Besides what Richard is undoubtedly implying (he is 75%) metals--he will be one of the few to really win...If you diversified or hedged and your other stocks have dropped there will be nothing to brag about One more point $600 POG means many times that in mining stocks (in right ones as much as 5000-10,000%)

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