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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: Zardoz who wrote (46035)12/16/1999 6:47:00 AM
From: long-gone  Read Replies (2) of 116753
 
<<Gold's only hope for the year 2ooo is M2, M3 and the ratios between.>>
While I agree M-3(though less so M-2) is a key to gold price, I can see other factors.:
* Problems with the current(most speculative) stock market leaders - including but not limited margin availability
* A reduction in desire of bullion banks to lease gold, possibile margin related reduction
* Long bond rates above 6.8-7.2% range
* $28-32 crude
+
Some kind of trigger for a market crash, I don't know what it will be, but it will come.

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