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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.61

+3.0%

Dec 19 4:00 PM EST

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To: Zardoz who wrote (16870)	8/29/1998 9:23:00 AM
From: goldsnow	Read Replies (1) of 116816

"To answer your question, yes, I'm still looking for US$265 per oz gold sooner than later. This is a primo time for accumulating the yellow stuff." WHY. At that time GOLD was $318/oz {August 6,97}... why over pay? Hutch, please do not resign you are under no impichment danger.. As for the above-most people who average down in Gold sell other staff to do it (or do not invest say in blue chips, thus avoidindg a large mental error..Bottom fishing does not work (for most ) In my book there is no difference other than accumulation for stock that you think go to 100 when bought say at 18 than 14 and than say 10....just give you more time and opportunity....Not just accumulate but to protect your money ...for the next 5 years

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