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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.67+5.0%Nov 10 4:00 PM EST
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To: Crimson Ghost who wrote (47596)1/27/2000 7:29:00 PM
From: Jim McMannis  Read Replies (1) of 116753
 
George,
Seems to me that 50 basis points is already being factored in. By next week 50 bps will just be nuetral for the markets. Of course by then both markets could be down another 3-5%.
That said I expect multiple hikes this year. Similar to 1994.

Regards, Jim

PS. A little Chilly in Palm Beach are today ...as you know...

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