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Rich1

07/26/02 3:56 PM

#8893 RE: Koikaze #8880

Thats is an opinion many share..Chapman and most of the gold bugs feel the same way..<gg>

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lemming

07/26/02 3:58 PM

#8895 RE: Koikaze #8880

Fred,

I was in gold stocks by chance and went flat pretty much at the top, per Zeev's call that gold would get killed toward the end of the Nassacre.

I bought last summer, thinking of doing some range-riding. Just dumb luck. After I sold half the positions they just kept going up.

Do you see the gold ramp as over, or just regrouping for awhile?

-David

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montanamark

07/26/02 4:00 PM

#8898 RE: Koikaze #8880

i am favorably inclined toward gold but never under-estimate
the power of the fed and the big boys to engineer a rescue.
i could be wrong but i think the chances are slim of outright JPM crash and an immediate explosion in gold. gold may still do well but there are creative things they can do
to avoid or mitigate disasters. IMHO