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

To: Bill Murphy who wrote (27878)	2/8/1999 12:14:00 AM
From: Stephen O	Read Replies (1) \| Respond to of 116753

Bill, My favourite gold stock, Black Hawk Mining, unwound its gold hedges in 1997. Stephen O

To: Bill Murphy who wrote (27878)	2/8/1999 7:24:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116753

<<WHAT IF THE SHORTS HAD TO COVER NOT JUST 300 TONS BUT 3,000 TONS? >> The turn has started. I'll bet the HM story gets some press today. that will make some money move into the XAU and (at the edges) a few more "analysts" will upgrade HM and a few others, maybe. a few more dollars will step into gold mutual funds as advisors tell people to "have a few dollars in gold". As many mutual funds carry (at least) a little bullion, this may become a self driver. The "just a few dollars in gold" is all it may take to break the backs of these boyz! If it breaks $315 strongly - it could run to $362 - easy. Nothing wins like a winner.