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To: long-gone who wrote (7867)	5/10/2001 7:49:18 PM
From: Yogizuna	Read Replies (1) \| Respond to of 17683

It would be better to say in my opinion that gold has been in a long term downtrend for basically the last twenty years, with some significant bear market rallies or mini-bull markets in between. We do have to face the fact though that most people are prejudiced against talking about gold in a positive manner, if for no other reason than a long term buy n' holder would have done relatively poorly in gold or most gold stocks compared to most stock market averages since 1981..... So there is a lot of negative sentiment out there to clear away before gold once again gains the respect it deserves. People hated the stock market in a similar manner in 1981/82, so I view that as a long term positive for gold as the vast majority will be caught without any gold and or gold stocks in their portfolios when the precious yellow metal finally turns around for a sustained period of time.