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

To: Zardoz who wrote (56586)	7/20/2000 1:47:32 PM
From: goldsheet	Read Replies (1) \| Respond to of 116836

>> It isn't good, but it isn't the mid 30s ! >And it's not a POG value of $245 either, as in Aug 98. You are neglecting further declines. >But 43.79 looks disappointing as well. But maybe a good point to buy at. You said "three majours components reach their previous lows again", not exceed their lows, and I gave you the benefit of the doubt using 5 component new lows. Also, gold was not $245 in August 1998, the low that summer was $275.70 on August 31, 1998. The lowest gold has been was $253.00 on August 25, 1999. Other than being a year off, having the wrong prices, and doing the XAU Index math wrong, your mid 30s prediction looks great <grin>