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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

4:00 PM EST

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To: William Peavey who wrote (45718)	12/7/1999 11:55:00 PM
From: RJ2	Read Replies (1) of 116764

While were on the bank and banking industry, I happened to meet a middle aged gentleman today who works with the HongKong Bank of Canada. His father started working at the bank in 1926, probably on the other side of the pond, not only did he enlighten me on the basic economics of the only bank in Canada not laying off workers and building banks the fastest in the country, he also told me the market party should be over within the next 6-12 months. What would a native Chinese businessman that heads the import/export portfolio at the bank know many of us would love to know?? He's a second generation banker, I mentioned Gold and he just grinned!! No comment on Gold!! That's it that's all!!

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