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Others to Watch: HMY BGO AEM

 
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arthur
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PostPosted: Tue Feb 01, 2005 7:18 pm    Post subject: Others to Watch: HMY BGO AEM Reply with quote
Many gold stocks moved higher on light volume after steep declines, which suggest selling is drying-up. HMY BGO and AEM may have excellent upside potential, while gold is in a long-term structural bull market. Monetary policy tightening would normally be bullish for the dollar. However, U.S. interest rates are still below the world rate.
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