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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: onedrill who wrote (19916)10/7/2002 5:09:04 AM
From: jimsioi  Respond to of 36161
 
onedrill, re gold in London, now unchanged.

After a 80 cent pop the price of gold as slid down to unchanged as oil too has slipped off $30. Deflation is in the air and the ramifications of such that are positive for Gold haven't yet become appreciated.

With financial stocks falling hard across the planet the idea exposed by Bill Murphy and the GATA boys that such would be bullish for Gold has yet be seen....prospectively there will be a delayed reaction.