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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (12988)	5/1/2004 9:27:25 AM
From: russwinter	Read Replies (2) \| Respond to of 110194

On gold, I find it very impressive that the metal today is trading at $387 after enduring a massive, and quick spec liquidation of over 100,000 contracts in just three weeks. I think that speaks to the depth of the gold market, pretty darn solid. Of course the PM stocks were routed as if POG were going to $325. This sell-off demonstrates that they should be priced for $375-$425, making this quite an opportunity to get in cheap on the next generation of mines. Am using AGI.v (they will have a Amex listing in a few months), NTO, SUF.to, MNG, RNO, CLG, GBU.to, NG, NXG.