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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: charred who wrote (12603)2/7/2000 8:27:00 AM
From: Just Wayne  Read Replies (1) of 14627
 
Gold at $316 spot is strong again overnight. We can expect continued strength in the gold stocks on market opening this morning as the short positions are covered and hedge funds stock up, market fears of inflation,etc. The next big question is what will happen to the US bond market today. One does wonder about the future of Goldman Sachs too if you believe the rumors of their losses in the derivatives market.
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