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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%4:00 PM EST
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To: long-gone who wrote (49349)2/20/2000 10:20:00 AM
From: Rarebird  Read Replies (2) of 116753
 
Richard, that is very old news. Look at the Dollar index and the Canadian and Australian currencies. Those are some of the best indicators I know to determine the sustainability of any rally in the POG.

There is some Fear out there that with all this tightening, the economy may head into recession, which would be good for Gold. Beware, however, if Greenspan pulls off another soft landing like he did in 94. It would not bode well for Gold over the long term.
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