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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.04

+0.4%

Nov 11 4:00 PM EST

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To: Rarebird who wrote (51349)	4/12/2000 9:10:00 AM
From: long-gone	Read Replies (2) of 116754

We knew there would be margin calls this morning, & there is a chance for another massive nasdaq dip. Well, this will keep money from flowing into gold. I told everyone more "news" would break at any minute: Wednesday April 12, 6:36 am Eastern Time Europe gold dips on Swiss news, seen steadying LONDON, April 12 (Reuters) - Gold prices slipped back on Wednesday after the Swiss central bank said it would start its gold sales in early May, but traders expected the market to hold steady after its initial dip. After spending most of the morning session looking as if it was going to push through $282 a troy ounce, the price slid to $280.75/$281.75 just after the Swiss announcement. By 1030 GMT spot gold was quoted at $280.20/$280.70, down from a New York close of $281.10/$282.10. ``It's not uncommon that you get a little bit of weakness immediately after, even though theretically it should already all be in the price,' said HSBC analyst Alan Williamson.(cont) biz.yahoo.com It's a stupid manipulated game where anyone who invests in gold is fighting both the powerful & the rich. I hereby notify all that I fight them no more. I give. They win!

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