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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (9697)	12/31/2001 7:17:26 PM
From: Walt Deemer	Read Replies (3) \| Respond to of 19219

Contrarians take note; one of the biggest bullion bulls of all time has thrown in the towel... From Richard Russell: Blanchard & Company, the outfit started by Jim Blanchard that lived, breathed, and swore by gold, is dumping gold like a bad habit. From the Blanchard mailing (emphasis added by WD): "Effective as of January 1, 2002, Blanchard and Company is changing its business practices and policies in order to limit its exposure to falling gold prices, and recommends to its clients that they do the same. As of that date Blanchard will not maintain inventories of gold bullion or gold bullion products, nor will it market gold to, or solicit gold sales to, Blanchard clients. ..."