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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: TATRADER who wrote (52285)	5/3/2000 10:42:00 PM
From: John Paquet	Read Replies (1) of 116796

Good calls on these gold stocks. And I agree with you that market masses have gradually changed and it becomes more inflationary ever. I am very bullish on gold from this point on, My immediate target is gold will break that $300, important level in less than 2 weeks. These two days, ABX and PDG has nice move so is XAU. My observations are the followings: the worst of deflation era is ended and we are entering INFLATION THREAT cycle again. The best scenario of Nasdaq and Dow is over. I shall see that Dow below 9,200 much early than November 1. JP

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