Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) Message Board

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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)

AEM 160.04

+1.0%

3:59 PM EST

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To: Roebear who wrote (876)	5/27/2000 1:22:00 PM
From: Robert J Mullenbach	Read Replies (2) of 1612

Looks like volume spike is key here, Gold Shorts the-privateer.com But in the final analysis, the present level of Gold against the U.S. Dollar cannot be maintained indefinitely, especially if the Dollar continues to fall in coming weeks. It is much too early to call the Gold close of $US 270.70 on May 25 a "bottom". All we can say is that it was certainly a selling climax, and that the Dollar fell - precipitously - the very next day. Watch this space. We may not wait till next weekend to update this commentary. XXXXXXXXXXXXXXXXXXXXXXXX securitytrader.com Could be fun next week.

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