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


To: SwampDogg who wrote (44204)10/28/1999 11:47:00 AM
From: Ken Benes  Respond to of 116764
 
Those hedging concerns is the main reason that I do not believe gold shares to be a good investment. The other reason as stated, the market thinks that gold will have a very difficult time breaking out of a trading range around 300.00.
While it is not impossible for gold to move, the probabilities are quite high that the metal will remain range bound when factoring in the forces in the gold market.

Ken