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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: Rarebird who wrote (55375)6/28/2000 12:46:00 PM
From: pater tenebrarum  Read Replies (2) of 116763
 
RB, sure, it's possible. i'm trying to keep an open mind about it, remember i mentioned to Luc yesterday that PD's problems with energy costs may be a hint that that is what's ailing the XAU at the moment.
otoh i'm also not having illusions about the short term prospects for gold and gold stocks in view of the large swing in the COT report.
but i agree with you, if Greenjeans stays pat today, that may be a signal to the gold market...it would prove that the Fed remains committed to staying behind the curve. :)
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