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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%Dec 5 4:00 PM EST

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To: Rarebird who wrote (68924)5/9/2001 1:49:42 PM
From: Claude Cormier   of 116796
 
Rarebird,

I agree on the long term effect of stagflation on gold. Just not sure that it is a go right now. We need the USD to confirm a top... then gold will be on its march to much higher levels.

I am still bullish, as I only cut down from 100% in to 75% in. Will move to 50% in if we go below $265.

ENjoy the ride.

Claude
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