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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Rarebird who wrote (26334)	1/16/1999 7:00:00 PM
From: Hawkmoon	Read Replies (1) of 116764

By this time next year I expect to see the CPI overtake GDP. Well Heck Rarebird... then I agree with you. I just don't think we're quite ready to see the two remaining global currencies bite the dust quite yet. But by this time next year, I concur that Gold may very well be more valuable than it is now, or will certainly be at a point where it is an attractive buy. My problem is that I still foreign investors moving their capital into the US and Europe. This means higher valuations for US equities, then it will be bonds, and then precious metals. Thus I figure I might has well profit from all of those trends consecutively. That way I can buy more gold later on.... <VBG> I think we all agree that we're heading to the same destination. It is just that we all slightly differenct ETA on when we get there. Regards, Ron

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