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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.43

-4.5%

Nov 20 4:00 PM EST

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To: dean poets who wrote (42271)	10/6/1999 1:28:00 PM
From: Jim McMannis	Read Replies (1) of 116764

RE:"The stock markets will be down 80 - 90%, and everybody will be buying gold stocks! Then the top will be in place. A dead give away that we are at the top will be when all the stunned internet infestor's are buying GOLD!"... This is fallacy. You only need to look back to 1987. The better scenario is for all the markets to go up in conjunction and for AG to be slightly behind the inflation curve. Otherwise, Gold stocks will follow the general market right down the gutter... Remember, the total capitalization of gold stocks is not that big so just a relatively small shift of money into them will send them skyward. Jim

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