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

To: goldsheet who wrote (53651)6/4/2000 4:48:00 PM
From: Hawkmoon  Read Replies (3) | Respond to of 116786
 
Therefore, at $355 POG, "fair value" for XAU would be 94

Bob,

Assuming that gold reaches and maintains such a lofty price, aren't we certain to see more "Ashanti's" pop to the surface?

And exactly what will drive such a price increase? Certainly not rampant US growth, which the unemployments figures show is certainly abating, maybe faster than the Fed would like.

Regards,

Ron



To: goldsheet who wrote (53651)6/4/2000 7:06:00 PM
From: long-gone  Read Replies (1) | Respond to of 116786
 
<<Historical (16 year) AU/XAU average: 3.77
Therefore, at $355 POG, "fair value" for XAU would be 94>>

Wasn't the XAU far different then than now?



To: goldsheet who wrote (53651)6/4/2000 8:13:00 PM
From: TATRADER  Respond to of 116786
 
bob, I agree with your XAU numbers...thanks for the 3.77...
If we can hold the 280-300 area this week, our XAU should move to 70-74 area quite quickly...I had first move to 64.50-65.00, then 70-72....


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