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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Rarebird who wrote (37929)	7/30/1999 9:18:00 AM
From: Rarebird	Read Replies (1) of 116759

The Dollar is Dying a Slow Death as are US Equities. The Dollars 200 day moving average will be broken easily over the next 1-2 weeks, if not sooner. Given Slower Growth and Higher Inflation, my expectations are for lower stock and bond prices and a sharpely higher XAU and POG as we move towards Stagflation over the next 4-6 months. The days of the safe haven status for the Dollar are Over . The rest of the World has begun to wise up. As a currency of last resort, Gold will become the safe haven of the World as we move into the new millenium.

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