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

To: Crimson Ghost who wrote (60140)10/25/2000 12:31:45 PM
From: Ahda  Read Replies (1) | Respond to of 116796
 
To: Michael D.Burke who wrote (84539)
From: Michael D.Burke Monday, Oct 23, 2000 10:18 PM ET
Reply # of 84579

To All, ASA. Though this is known as the granddaddy of all gold funds, the latest quarterly report was an eye opener. 50% of assets were indeed in great gold miners, but a full 45% was invested in platinum and diamonds. As many readers know, I prefer platinum and, sometimes, diamonds, to gold, so this deeply discounted closed end fund looks even better to me now.



To: Crimson Ghost who wrote (60140)10/25/2000 12:38:44 PM
From: Rarebird  Read Replies (1) | Respond to of 116796
 
George, the gold stocks need to reverse here and now and close positive on the session or it means nothing.



To: Crimson Ghost who wrote (60140)10/25/2000 12:46:14 PM
From: Ken Benes  Read Replies (1) | Respond to of 116796
 
There is nothing positive about the xau. A rebound in the xau are professional traders looking for a bottom. If investors do not surface, the xau will reverse and go lower, which I expect.

Ken


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