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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: long-gone who wrote (29091)	2/26/1999 3:52:00 PM
From: John Hunt	Read Replies (2) of 116759

Market Timing Interview With Don Wolanchuk Timer Digest's 13-time winner of "Timer of the Year" << SH: Where is the price of gold going? Wolanchuk: In my view, gold has finished a 17-year bear market. It's ready to blast off. Gold will probably take out the all-time high. If you're going to have a stock market that's going to crazy on the upside, it's going to discount an economic explosion. You can't have that without inflation. With inflation you're going to have this huge runup in all of the natural resource sector. The fact that everybody and his brother is yapping about deflation and depression, and all those bears think it's the end of the world, everybody hates gold and all the metals and all the commodities. You can't have a bottom until everybody is out. And everybody is out of the gold sector. The Vancouver stock exchange, which is a natural resource sector, is turning up rather nicely. >> stockhouse.com Warms my heart, even if I don't buy the overall market part. Now back to Canada's favorite pastime ... The new Canadian Tire catalog just arrived. :-))

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