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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.44

-1.2%

Nov 14 4:00 PM EST

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To: Zardoz who wrote (21448)	10/12/1998 1:44:00 AM
From: Eashoa' M'sheekha	Read Replies (2) of 116762

Gobble Gobble Gobble Gobble.Squawk!! "What do you need to happen to get you out of gold, and gold stocks?" Gold will have to rise to its historical price first.That's about 350.After that I would have to reconsider holding for further gains.These are for longer term positions in Gold stocks.As far as gold goes,that is normally a buy and hold for a much longer term.IT is cheap right now. The smart people are buying.It may be volitile till at least 1999,but for bullion itself or coins,the small moves are discarded. People will be looking for safer investments by the time all is said and done this year.Gold is considered a safe haven.Gold sales are picking up bigtime in North America. After gold rises to 325 - 350,many of the exploration companies will get back into action and Eric will be too busy to post here.You will miss him.<g> Now I have a question for you or anyone else. When will need to happen to get people OUT of the stock market? Taurus

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