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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (35797)	6/24/1999 3:46:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 117018

*****Gambler 2 Date: Thu Jun 24 1999 01:59 Gambler (D-Day for gold shorts) ID#441250: Copyright c 1999 Gambler/Kitco Inc. All rights reserved July 12th is D-Day for the gold shorts. It's when the gold shorts get their asses kicked and when the Assie Producers Down Under Theirs go Assbankrupt. Am I Gambling? You may call it that. I've been buying shares in every descent gold mining company that I can get my big hands on. Now that SA shares have fallen to an appropriate discount to their NA cousins, I am accumulating those as well. Dollar cost averaging in 99 will prove to be the right action at the right time and place! The big change in the gold paradigm is taking place and it's my belief that July 5th - 9th will be the time when the crowd finds out. July 12th, Monday, the start of the following week, will be the realization that rumor turns to fact. These two weeks will be extremely significant as we look back upon the reasons for the new bull market in gold and precious metals. I thought the move would start earlier this year, so I've been accumulating since early September. The BOE announcement stepped on a few of the wrong toes. It is turning out to be a huge blunder and has alienated some big players that are now no longer cooperating with the PPT. Basically, rates up - bonds, market & dollar down! Gold, pms & other commodities up! They are not going to let the system crash - gold and gold stocks will BE the place to be. The details have been unfolding since I was given this early July time-frame. Things are/will be getting even more obvious as we approach July. But most will not think this is the real deal as there have been too many false break outs. We came close in April. Gambler Return to Kitco Homepage --------------------------------------------------------------------------------