Gold Price Monitor Message Board

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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: teevee who wrote (16433)	8/23/1998 4:08:00 PM
From: Terry Rose	Read Replies (1) of 116762

teevee, Since gold is priced in U.S. dollars it would be hard to use this to predict which currency is oversold in any other country outside the U.S. I have given up trying to figure out why the price of gold is currently trading in such a narrow range despite the global currency crisis. The Privateer gives weekly commentary and prefaces that gold is a political metal and it's price is therefore governed. In my opinion gold will go up in price at the appropriate time for whatever reason. Since it may spike up rather quickly you need to be in position before the move. The key for me is to have patience and let this trading opportunity run it's course. Terry,

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