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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.98+0.6%Nov 21 4:00 PM EST

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To: Ken Benes who wrote (42949)10/14/1999 9:15:00 AM
From: Bobby Yellin  Read Replies (1) of 116764
 
not necessarily.. this backing and filling could be so bullish..
who knows what is true and what is smoke and mirrors..if many are right it would seem that central bankers are in there trying to prevent total chaos in the gold market...but with fundamentals moving now more towards global recovery..(if we don't have another mammoth
financial monetary crisis) the action is great..one needs a wall of worry or unbelievers..otherwise huge spikes followed by huge spikes
lead to huge downside..
ps I think you are being incredible hard on producers..a lot were
just trying to stay alive.. if Bill Murphy's sources are correct
a lot were having their arms twisted to sell forward..
I guess I am in the minority but I can't blame some company for trying to survive...unless you present me with a safer alternative..
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