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Gold/Mining/Energy : Gold Price Monitor

GDXJ 127.15

+0.4%

Jan 15 4:00 PM EST

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To: long-gone who wrote (15028)	7/30/1998 6:11:00 PM
From: goldsnow	Read Replies (1) of 116857

"The only thing that I would say about the gold market is that theres a hell of a lot of it about for gold loans and forward sales. Physical demand is poor and any report Ive read about mines shows that production is up, he said. The surprising thing is that gold has managed to hold up. My philosophy remains the same -- to sell forward into the rallies and watch it come lower, he added. " That is a point that this guy is missing..He should be equally amazed with that "line" of "thinking" why Bonds Yields are not below 5%..There has to be a reason Yes?

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