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Re: Gold is the garbage, gold stocks are not worth the paper ...



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For what it is worth, some years ago when I followed Prechter he had a
long term
bottom Elliot count in gold of $179.
Don't know if he ever gave up on this but it is looking better every
day. The
long term chart from 1976 also shows gold finds support and resistance
at the
$100 levels with the next at $200. I also find open interest interesting
on the
attached chart

Doug
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