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

To: Probart who wrote (87937)7/16/2002 4:40:31 PM
From: goldsheet  Read Replies (2) | Respond to of 116788
 
> If bullion were to go up, would the unhedged gold stocks not go up on increased profits alone?

If the overall market continued to drop the multiple investors were willing to pay for the increased cash flow could actually go down, hence one could theoretically see a rise in the price of bullion and cash flow resulting in a drop in gold stock prices. This is why I said a little panic helps gold stocks, but a lot of panic can kill them.


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