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

To: GST who wrote (62955)	1/25/2001 7:27:08 AM
From: long-gone	Respond to of 116770

<<Now, speaking of gold -- what the heck is going on with the yellow metal >> Euro weakened.

To: GST who wrote (62955)	1/25/2001 8:46:44 AM
From: Square_Dealings	Read Replies (2) \| Respond to of 116770

here's what happened gold is on close to a major breakout from multiyear lows. Anytime it gets too close for comfort and the XAU index makes a move that is clearly signs of a pending break to the upside, some idiots come out and start selling gold off, shorting gold stocks and generally digging themselves in deeper and deeper to a massive hole. Any stretch of economic justification that can be used to move gold lower is seized upon. Lets face it, it doesnt matter what the dollar is doing gold is significantly undervalued in relative terms to about every other commodity. Eventually when all the gold is gone the shorts will be buried in the mines in memorium. M.