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Re: Ace Hanlon post# 121989

Saturday, 06/21/2003 5:20:00 PM

Saturday, June 21, 2003 5:20:00 PM

Post# of 704041
It is difficult to make a case for gold stocks in the short term when POG continues to decline. I agree that POG will approach $400 sometime between now and the end of year, with even greater rise in gold stocks, but I don't see it happening now. Dollar is due for a bounce which will make "the gold train leaving the station" unlikely for now.

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