iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

Share price of gold mining - going up!

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Friday, June 25, 2004 10:34:13 AM ET Merrill Lynch NEW YORK, June 25 (New Ratings) - Analysts at Merrill Lynch expect the share price of gold mining companies to appreciate significantly in the near term In a research note published this morning, the analysts mention that gold prices have historically appreciated considerably from early summer to mid-fall. The analysts expect gold prices to rebound to $410 per oz during mid-fall this year. Given the undervalued nature of the gold mining stocks and the expected rebound in gold prices, the share price of gold mining companies is likely to appreciate significantly in the near term, according to Merrill Lynch.

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I am in business for myself and cannot believe the utter falacy of numbers we recieve from the government on inflation. I am in the industrial hardware industry and we are seeing prices rise across the board on everything from paint and solvents, to lumber, building materials, and steel. Some of our wholesalers and manufaturers are increasing prices as much as 30% or more on everyday items