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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.30-0.5%Dec 12 4:00 PM EST

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To: Crimson Ghost who wrote (52412)5/7/2000 4:14:00 PM
From: Rarebird  Read Replies (2) of 116814
 
<There will be plenty of time to reassess the long-term outlook when and if gold gets to $310-$330 this year as I expect.>

I think that will depend partly on the state of the equity market as we move into summer.

Many people think the equity market will move sharply higher again ahead of the next rate hike next week. I have my doubts this time around. Rate hikes are not bullish for equities at this point.
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