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

To: Zardoz who wrote (63806)	2/15/2001 11:05:16 PM
From: long-gone	Read Replies (2) \| Respond to of 116779

<<For what reason? Why if you presume that price of gold is undervalued, that you {and everyone else} don't jump onto the long side? Isn't it true that any stock above book value is over valued, and thus open to downside risks? Hutch PS: I own no GOLD stocks at this time, nor for the forseeable future. >> Perhaps you should consider looking into the gold mining issues in depth as some are greatly undervalued to book.

To: Zardoz who wrote (63806)	2/16/2001 7:50:10 AM
From: KyrosL	Read Replies (2) \| Respond to of 116779

I too strongly doubt there is organized manipulation -- you misread my post. There is no need for conspiracy theories when more than one quarter of all the gold ever produced is sitting in CB vaults and overhangs the market, and a bunch of gold producers are selling their future production in order to avoid severe retrenchment or bankruptcy. Still, I think that gold is near a long term low and am currently buying both gold stocks as well as physical gold for the first time in my life. Kyros