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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (2195)11/22/2005 9:36:48 PM
From: TrueScouse  Read Replies (2) | Respond to of 78407
 
EC:

<<My fear is that Gold will go to $1000 but it will not affect the price of gold stocks except according to the inverse proportion of its variance.>>

Que? Don't get statistical on me now Eric!

The one I like is James Turk with his "$7,000 to $8,000 per ounce" prediction. Erd it meself wiv me own eyes!

I personally like the $3,000/oz figure -- with the Dow slumping to 3000 thus confirming the 1:1 ratio at the PM peak. But Turk makes a good argument for the higher figure... <g>

Good time for an IPO or something like that... :^)

Regards,
Howy



To: E. Charters who wrote (2195)11/23/2005 12:33:14 AM
From: Nikole Wollerstein  Respond to of 78407
 
I think we will consolidate here for a while
and may be retest 475. Gold/XAU is 4.16 at the bottom of the range reflecting too much bullish sentiment. Big Miners discount appr $650-700 gold at this price .I sold all my gold funds today.
If my prediction about correction will come through the first one I will buy will be OZN.


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