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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.34

+3.7%

Jan 5 4:00 PM EST

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To: Bobby Yellin who wrote (2715)	11/1/1997 1:25:00 PM
From: Bucky Katt	of 116842

BY-- It could be the Apocalypse Now thread!! You must ask, from where is the IMF taking the $23 billion to bail out the banks in SE Asia? Are they going to bail out the insolvent banks in Japan next? And then will they bail out banks in the US when deflation hits real/estate here? The music is still playing, but when it stops, there ain't gonna be nearly enough chairs left. What then? I think it was goldsnow that made the on the money comment about the hedged gold producers wanting to talk the metal down. And he is correct. They will be able to buy up unhedged miners for pennies on the dollar. Soon! I think the market has vastly overlooked the smart gold hedgers. I started the thread, here it is>>http://www.techstocks.com/~wsapi/investor/subject-17884 WJ

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