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1 posted on 07/23/2002 10:50:06 AM PDT by Lazamataz
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To: Lazamataz

2 posted on 07/23/2002 10:50:54 AM PDT by Lazamataz
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To: Lazamataz
Most probably due to the pending release of "Goldmember".
3 posted on 07/23/2002 10:51:59 AM PDT by AdA$tra
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To: Lazamataz
Interesting ...
4 posted on 07/23/2002 10:52:14 AM PDT by Oldeconomybuyer
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To: Lazamataz
CALLING THE NEW SPOOSMAN....SPOOOOOO, WHERE ARE YOUUUUU?
6 posted on 07/23/2002 10:52:44 AM PDT by galt-jw
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To: Lazamataz
This looks very much like a sale by a bank.
8 posted on 07/23/2002 10:54:05 AM PDT by Dog Gone
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To: Lazamataz
I thought people bought gold has a hedge against potential inflation. If people are convinced inflation is totally under control (indeed, deflation is a current risk), then they will sell gold, no?
10 posted on 07/23/2002 10:55:08 AM PDT by BikerNYC
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To: Lazamataz
It is not yet clear what has caused this dropoff in gold prices.

Probably because there are a lot of good buys in the stock market which, by the way, includes a lot of companies that are not a part of the Dow Jones index.

11 posted on 07/23/2002 10:55:21 AM PDT by connectthedots
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To: Lazamataz
It is not yet clear what has caused this dropoff in gold prices.

Perhaps the words out that we are NOT going to invade IRAQ?

14 posted on 07/23/2002 10:56:13 AM PDT by 1Old Pro
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To: Lazamataz
It is not yet clear what has caused this dropoff in gold prices.

Oops...sorry everyone. I hit the wrong button on my keyboard. The price will go back up in a few minutes...just hold on... ;)
15 posted on 07/23/2002 10:56:52 AM PDT by July 4th
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To: Lazamataz
It must have been Goldfinger -- he tipped his hand.
22 posted on 07/23/2002 11:03:05 AM PDT by Woodkirk
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To: Lazamataz
An Aussie merchant banker told me this A.M. that there is a fresh wave of hedging right now to lock in financing for new higher-cost gold properties being put into production.

That's certainly possible, but...ouch! ;^)
25 posted on 07/23/2002 11:05:47 AM PDT by headsonpikes
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To: Lazamataz
It makes it official; EVERYTHING is down; the Industrials, the NASDAQ, the various S&P indexes, the Russell 2K, the markets as a whole, even the Treasury notes.
27 posted on 07/23/2002 11:06:40 AM PDT by steveegg
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To: Lazamataz
Citigroup and Morgan cleaning out the vault and raising $$$$?

lol...

29 posted on 07/23/2002 11:10:05 AM PDT by RCW2001
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To: Lazamataz
It is not yet clear what has caused this dropoff in gold prices.

Somebody dumped or the rumor of outlawing the ownership.

42 posted on 07/23/2002 11:23:53 AM PDT by Publius6961
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To: Lazamataz
"It is not yet clear what has caused this dropoff in gold prices."

Ummm... You and Mr. T been selling your gold jewelry to make your margin calls on your telecom stocks again??

Just kidding!

57 posted on 07/23/2002 11:47:25 AM PDT by Southack
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To: Lazamataz
Deflation means everything goes down. Debt is the worst, but raw inventory -- like gold, is up there too.
59 posted on 07/23/2002 11:48:40 AM PDT by bvw
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To: Lazamataz
The Art Bell crowd aint going to like this, they've been buying gold because he said it would go up not down.
61 posted on 07/23/2002 11:53:19 AM PDT by fella
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To: Lazamataz

WE'RE ALL GONNA DIE!!!

Is that how it's done, Laz? ;-)

69 posted on 07/23/2002 12:13:42 PM PDT by TomServo
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To: Lazamataz
The $EU is down, and so is natural gas.

What's next? Commodities? Beef? Corn? Cars? Houses?

72 posted on 07/23/2002 12:16:46 PM PDT by RightWhale
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To: Lazamataz
What goldbugs may not realize (as don't most stock market players) is that "the game" is completely rigged. The point of "the game" is to separate the sheeple from their fleece.

The next shearing will take place in the real estate market.

What we are witnessing is the greatest wealth transfer in history - from the baby boomers to the Grifters who run "the game"...

76 posted on 07/23/2002 12:17:34 PM PDT by chilepepper
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