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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: d:oug who wrote (53233)	5/24/2000 11:28:00 PM
From: Rarebird	Read Replies (2) of 116760

Gold is a Precious Metal, Doug. It becomes quite precious when the US Dollar is weak and the economic environment is sluggish to recessionary, accompanied by rising Inflation. The POG moves when it is ready. No one, including GATA, can make it move before its time. After 18 years of enormous gains in the US equity market, confidence in the financial system will not be broken easily. Complacency is still rampant at the present time. The equity market bottomed today. Or, has it? Gold is still waiting in the wings. It is far from Dead. It is preparing for a blast off, like the calm before the storm.

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