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Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.13

+5.5%

4:00 PM EST

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To: Tom Byron who wrote (52785)	5/15/2000 10:29:00 PM
From: Giordano Bruno	Read Replies (2) of 116898

It is a pity that George Soros decided to call it a day insofar as macro economic portfolio bets are concerned. The killing to be made by attacking the gold short position fits the pattern of some of his most notable coups. The agony of Ashanti was prologue to what lies in store for the bullion dealers. Once gold trades above its long-term replacement cost of $360/oz or better, the dealers can look forward to a mega LTCM experience. tocqueville.com

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