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Gold/Mining/Energy : PAAS : Pan American Silver

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To: FuzzFace who wrote (4)6/30/1999 4:05:00 PM
From: Superhawk  Read Replies (1) of 294
 
In spite of a recent 10% decline in the price of gold, the XAU has held its ground around 60, and is now beginning to rally. Silver prices closed up today in New York at $5.25 an ounce.

Volume on PAAS is above average today, though not nearly as heavy as in recent days. Increasing imports in Japan, Buffett's apparent resolve in holding his metal, and a bullish tilt to precious-metals markets all signal a nice short-term upside for PAAS.
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