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

To: paunch13 who wrote (95091)	5/24/2003 7:03:40 PM
From: yard_man	Respond to of 116836

>>Gold down, dollar down, oil down, and they just voted to allow Iraq to sell their again so that should drive the price of oil down<< I had to laugh thursday when I saw an article to the effect that the lifting of sanctions was driving the price of oil down -- for that day it ended down .18 quotes.ino.com Honestly, I think what you are seeing in this chart is the removal of the "war resolution" discount. The market has "known" for some time that Iraqi oil was going to be on the market and that production would be likely increase substantially from prior levels, but the price is moving back up anyway. No way is that bearish ...