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


To: marek_wojna who wrote (71405)6/9/2001 6:37:29 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116761
 
One key argument of the gold bears is that each major rally has been peaking at lower highs. POG hit $500 in 1987, $410 in 1993, $325 in the post Washington Agreement rally, and $295 last month. If gold can go over $300 in the next major rally -- thus beating the May peak -- a lot of shorts will get MIGHTY NERVOUS IMHO.