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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%4:00 PM EST

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To: Bobby Yellin who wrote (43133)10/17/1999 8:06:00 AM
From: Rarebird  Read Replies (2) of 116756
 
< Why didn't it rise this past week as the market melted down? >

What do I know? Most of the Great Gold Gurus' missed out on the last rally! HA! HA!

Some of this money coming out of stocks will go into Gold by the beginning of November. With the dollar headed down, inflation surging and growth dramatically slowing as we speak, the place to be is in Gold. This is a market that does a good job of faking out most of its participants.

I expect earnings for the S@P and NDX to be very bad come the 4th quarter and 1st quarter of 2000! Stagflation here we come!
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