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Mix-Ansicht- richard russel's comment on gold of 29th instant. - Emerald, 30.10.2001, 12:26
richard russel's comment on gold of 29th instant.
quote:
gold: the 50-day m.a. of Dec.gold turned up on april 25, on september 14, the 50 day m.a. of gold crossed above the 200-day m.a. of 273.70
the 200 day-m.a. of gold is now creeping higher and the 50-day m.a. is at a new high of 283.00. the only problem: dec. gold at 279.00 is below its 50-day m.a.
it will be most bullish, and of confirmation of the subtle bull trend if dec. gold can now rally above its 50-day m.a. at 283.00. the ability of december gold to advance above 283.00 is very important.
what to do about it. take very toke, very conservative positions in newmont and am. barrick and
franco nevada, take a token position in one, two or all three, it's your call.
what i have written about gold here supersedes all my previous statements about
gold. unquote.
my personal guess: wir sind im november d.j. schon darĂ¼ber.
emerald.
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