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S&P 500
5,600.32
(
0.42%
)
US TECH 100
19,994.40
(
0.42%
)
Dow Jones
39,419.07
(
0.32%
)
Brent Oil
85.07
(
0.44%
)
Bitcoin
57,872.96
(
-0.25%
)
Post# of 704019
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ItsAllCyclical

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ItsAllCyclical

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Re: Public Heel post# 54919

Thursday, 12/12/2002 2:12:51 PM

Thursday, December 12, 2002 2:12:51 PM

Post# of 704019
>> The sudden move in the POG ... <<

What's sudden about it? It's taken 2+ years for gold to move from 250 to 330. Given the US Dollar, valuations, economic climate, fiscal policy, war on terrorism, consumer and corporate debt loads it should be well over $400 now.

Of course when a commodity has been in a bear market for 20 years it takes some time to "wake up". The next 2-5 years should be very good for gold.

Being 1/2 gold I'm liking this...just a tad.

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