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Gold/Mining/Energy : KITCO - Gold discussion

GLD 476.10

+2.5%

Jan 27 4:00 PM EST

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To: Goldbug Guru who wrote (306)	9/30/1999 9:03:00 AM
From: Robert Dirks	of 989

Good points, although $480. may happen much sooner than you and I expect. A week and a half ago, you would have looked like a lunatic if you predicted $330. Gold in a week or two. I think this European news is so huge and unexpected that it's just beggining to sink in. When large mines start to cover their 4 year hedges, watch-out! IMO $400. Gold and $10. Silver this year, but no-one should gamble, buy only what you can hold long term...... Regards

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