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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.84

+2.3%

4:00 PM EDT

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To: loantech who wrote (93944)	3/7/2003 11:03:57 AM
From: long-gone	of 116741

Tony is wrong. Everyone see the buying rush into the market when price dropped sub$350 even on the back of the "news" of the arrest of 3 of Osama's sons! Gasoline is not going directly back to $0.95 a gallon not is gold going directly back to 278! Much of the excess supply of the world's precious(and non precious) metals came when the Clinton administration dumped the Strategic Metals Defence Reserves onto the market. These stores are now 4 years gone. The same materials can not be delivered into the market more than once. Slowly the US investor is learning he must diversify & this includes precious metals.

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