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

To: Rarebird who wrote (25223)1/1/1999 3:10:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116764
 
I subscribe to the same theory that the lower the Gold will go the higher POG will end-up...I do not mind to average down to $250, or $200 But one must have long-term outlook...Selling too soon has always been a biggest problem for investors at any level.. anyone that that thinks that he/she can time Market, especially Gold is not realistic..
By the way $3000 dollars 10 years from now, who is to say that value of the Dollar would drop so low in this scenario that it would not buy much..:(



To: Rarebird who wrote (25223)1/1/1999 9:43:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
Rarebird,

I can't disagree with the substance or timeframe of Gold-Eagle's year-end outlook.

And they did mention that gold will likely decline more forcing others to cash out their long positions or cover their shorts.

That's when I'll be looking to buy. And then I wonder if large gold mining companies are are safer bet given the ability to have your gold confiscated.

Regards,

Ron


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