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

To: Claude Cormier who wrote (74029)	7/27/2001 9:33:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116762

Depends how you define bull market. The events of the last eight years, the bubble bull will not return. I think the correct question, at what level with the markets stabilize? I think there is more downside. I believe it serves both functions, however, in its capacity as a commodity, it has reached its lows. Nevertheless, I believe Bob Johnsons equilibrium price of 280 to 320 over the next several years, is correct. The alignment of the bankers/producers cartel will prove powerful enough to prevent the ascendancy of gold as a monetary asset. Ken