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Gold/Mining/Energy : Standard Mining, ( Formerly Quest International )
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To: Robert J Mullenbach who wrote (391)3/27/2000 7:35:00 PM
From: Robert J Mullenbach  Read Replies (1) of 462
 
Party only lasted 1 hr @.24, breaks my heart,sale 2,000@.16

for .16 , you must have really got shook up on French sale,
Don't scare me.

lookie here,
XXXXXXXXXXXXXXXXXXXXXX

goldminingoutlook.com

XXXXXXXXXXXXXXX

I think Kaplan did a good job on this.

KAPLAN'S CORNER: QUESTION: Do you think that the XAU has completed its bottom? ANSWER: Yes. Over
the past several days the price of gold has fallen moderately for a variety of reasons, yet the XAU has held
steadfast
throughout as the spread between the XAU and spot gold has converged to its equilibrium level of 220. In addition,
unhedged shares have been strongly underperforming in recent days, as almost always happens as a major bottom is
approaching or has been reached. Finally, when gold performs poorly on a Monday, its weakness for the week
rarely
extends beyond early Tuesday morning, and sometimes not even that long. E-mail from readers is by far the most
bearish on gold since the late summer of 1999. Today's reports about the Bank of France potentially selling gold in
some unspecified future year is exactly the kind of rumor/media story that characterizes almost every bottom in gold
over the past two decades, as it induces nervous holders to sell, aggressive speculators to sell short, and insiders
to accumulate strongly.

Love live Standard.
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