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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: teevee who wrote (34367)	5/22/1999 7:54:00 PM
From: Zardoz	Read Replies (1) of 116764

If you believe the $200 range is the low, then why go long, it could take 3-20 years before it'll start to climb again? If you are hoping for a dramtic washout like Aug when it hits $200 then you'd be mistaken. As the funds will be adding to their positions at that level as well. So an XAU of less then 45 may be VERY hard to get. But still there would be no reason to expect a rise in gold, because what is causing gold to go down NOW will still be there in the future.

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