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To: RetiredNow who wrote (55513)9/19/2001 10:14:07 PM
From: RetiredNow  Respond to of 77400
 
Sorry for the double posts guys. The server is acting very strange.



To: RetiredNow who wrote (55513)9/19/2001 10:17:36 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Well from a trading standpoint it has probably made about half of its move. If I was to hazard a wild guess allowing for a few things in the world's economies to get real bad gold might move to $350 an ounce.

And I'm trying to be generous!

I used to trade commodities many years ago, but I made much more in stocks.

A lot of productive capacity is off line just waiting for prices to rise. That puts a pretty good cap on prices above about $350 an ounce.

Fidelity does run Select Gold fund pretty well though.