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Gold/Mining/Energy : Gold Price Monitor
GDXJ 120.00+2.0%Dec 22 4:00 PM EST

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To: Ahda who wrote (71978)6/19/2001 12:19:16 PM
From: long-gone   of 116822
 
these are the reasons:
* summer is often a slower season for all investment.
* how many times in the last many several weeks have the words "buyers strike" been spoken by traders - if people aren't buying any stocks why would they buy gold stocks?
* there is a force on wall street which would rather have people invest no money than have them invest any money in gold mining stocks.
* there are some that have been burned badly buying what ever is hot, they now almost avoid every warmth
matters not if people buy enough gold & the firms earn enough money, with their earnings, dividends will be paid.
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