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Re: EZ2 post# 1295

Monday, 09/11/2006 8:04:00 PM

Monday, September 11, 2006 8:04:00 PM

Post# of 7293
I would wait but then again what do I know, lets list the pro's and cons that would cause the price of gold to jump up or down thus effecting the price of NXG while trying to add a little laughter to todays mining stock bloodbath:

Gold will move downward if,
1) Iran decides to scrap it's uranium enrichment plans
2) North Korea's pigmy dictator decides to switch to a democracy while also scraping its plans to build reactors
3) US captures the elusive Osama
4) A cheap method is found to extract gold from sea water


Gold will move upward if,
1) Asia wakes up an realizes they are quite far behind buying gold and other raw metals
2) SEC outlaws margin buying of all stocks
3) Hedge funds forced to pay 75% capital gains on all investments not held for at least 1 year
4) Aliens land and verify the existance of ET's
5) Scientists discover that by mixing gold with another yet unnamed material people can time travel
6) US and other nations go back to the gold standard forcing them to maintain enough gold to cover all their paper currency

You all can feel free to add your pro's and con's to this list


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