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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: Rarebird who wrote (50889)	3/30/2000 12:52:00 AM
From: Alex	Read Replies (1) of 116763

Interesting post Rarebird. A few questions, then some comments. 1. I assume you're talking U.S. $'s here? 2. Do you follow Fn? Any target? What do you see as the cause of the latest selloff? Is it mostly technical, started by the planted France gold sale story? Is it the possible upcoming Swiss sales? The British sales? Dutch? It is odd how such fundamentals can be applied to gold when so much excess can be dismissed everywhere else with the wave of a hand. Momentum investing spurred on by excess credit. It is even odder when you consider that all of these very sales were part of the Washington Agreement which caused the large gold rally last fall. Now they're seen as bearish. Only in the gold markets :-) PS- thanks for any response to my questions.

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