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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: Real Man who wrote (93480)	2/7/2003 7:17:45 PM
From: marek_wojna	Read Replies (1) of 116796

IMO they will not unload as they might have hard time to reload at such a bargain prices. If you remember POG dropped in the spot market which is very thin. Day before lease rates started to raise on 3, 6, 12 months terms. That doesn't mean price will not drop, but it will be more political than market driven force and will not last longer than 3 days. Rest will depend on the outcome.

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