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Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.67+0.4%Jan 14 4:00 PM EST

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To: Alan Whirlwind who wrote (39259)8/19/1999 8:49:00 AM
From: Ken Benes  Read Replies (1) of 116856
 
To show how bad it is for the metals. Record trade deficit, declining dollar, gold declining faster. There is a lot more supply out there than GATA thinks there is and this gold is poised to hit the market whenever and wherever it is needed to beat back the price of gold. We have exhaused natural calamities, political uncertainty, currency upheaval, and the specter of global financial collapse, with the only thing collapsing: the price of gold. We may be forced into tech stocks, God forbid.

Ken
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