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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Edmund Lee who wrote (44565)	11/4/1999 6:06:00 PM
From: Tunica Albuginea	Read Replies (2) of 116759

Edmund Lee, everybody agrees gold is going to $400. It will not be straight up but it will, depending on events. From 250 it went to 330. It then retraced 50% of those 80 points ( 40 ) and went back down to 290. From 290 it will make a new attempt to 330. There is a good possibility this may happen before Dec 99: -y2k fears + commodities / oil disruptions. -PPI / inflation. -Rising Healthcare prices/inflation. -Congress + Billy C. out partying all night , ready for more spending and money printing. -the rest of the world /Asia picking up will make our goods more expensive to buy here and raise oil prices. Next stop 330+ ??? : ) TA

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