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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Bobby Yellin who wrote (38060)	7/30/1999 10:33:00 AM
From: Rarebird	Read Replies (3) of 116758

We are now in the very early stages of a Bear Market here in the USA. We are presently putting in a string of lower highs and lower lows. I am very bullish on Gold and the XAU here partly because most Market Participants do not take seriously the most recent decline in the US Dollar Index. This is why it is not reflected yet in the POG. We had a nice little pop yesterday as the dollar index broke below 100. Expect the POG and the XAU to rally strongly in the coming months as more Market participants receive further confirmation of the Dollars slow DEATH.

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