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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Eashoa' M'sheekha who wrote (37003)	7/11/1999 12:59:00 PM
From: teevee	Read Replies (1) of 116779

taurus, Gold purchases(as in coins and some bars) are reportedly up...apart from price, a significant portion of the increased interest is thought to be due to Y2K paranoia.....you can be sure that the central banks will be be taking advantage of the increased liquidity at the current high prices before the POG continues its slide to the sub $200/oz range.....I wouldn't be surprised to see an increase in fear mongering Y2K articles in an attempt to increase the liquidity further:-))....leasing activity is also up(lease rates are up).....don't forget that leasing is as good as a sale, if the banks are willing to take cash in lieu........IMO, the POG will fall precipitously early in the year 2000, after the Y2K non-event is behind us:-)).....happy short selling folks....lets make some money here, OK? regards, teevee

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