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

To: Crimson Ghost who wrote (55355)6/28/2000 10:37:00 AM
From: Rarebird  Read Replies (2) | Respond to of 116760
 
<I suspect that SOME of the weakness in the XAU relative to POG reflects the impact of soaring energy prices on mining costs.>

George, in a Bear Market, there is always a reason why the shares will underperform, just like in a Bull Market, there is always a reason why the shares will outperform.



To: Crimson Ghost who wrote (55355)6/28/2000 11:06:00 AM
From: long-gone  Read Replies (2) | Respond to of 116760
 
Nice POG moving!



To: Crimson Ghost who wrote (55355)6/28/2000 2:14:00 PM
From: Rarebird  Read Replies (3) | Respond to of 116760
 
George, the POG is up over $7.00 and the XAU is grudgingly going up here. At what point does the XAU respond? Or, is this yet another fake out? I'm holding my gold stocks.

PS Kudlow just said on CNBC that "there is no inflation pressures!" ROFL.


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