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


To: Richnorth who wrote (82358)2/20/2002 1:18:42 AM
From: E. Charters  Read Replies (1) | Respond to of 116834
 
Look at the one year graph of gold. It has been on a steady climb since last February. This has fueled the return of gold stocks by a 70% average share price rise. This is not a short term trend. Once gold starts on this kind of trend, it will continue for about 4 or 5 years. This is the historic precedent. 4 or 5 dollars price blips are insignificant. That is the norm of flux. (1.5%) You may expect some price spikes in the upward direction of up to 10%. Downward from time to time are usually less than 4%.

EC<:-}



To: Richnorth who wrote (82358)2/20/2002 9:47:18 AM
From: Ken Benes  Respond to of 116834
 
The article pretty much summoned up my own sentiments. I am not sure at what level gold will settle, however, it would be fair to say that below 290 is very likely.

Ken