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Gold/Mining/Energy : Gold Price Monitor
GDXJ 107.29-0.9%Dec 2 4:00 PM EST

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To: Claude Cormier who wrote (55919)7/7/2000 10:23:13 PM
From: goldsheet  Read Replies (2) of 116791
 
> I continue to think that the stocks and the metal are about to start a major rally.
> I think it will happen this summer, will come from nowhere and surprise everybody.

We agree on direction, but disagree slightly on timing.
For the long-term investor, now is just a fine time to pick up those shares you like.
For the trader, I'd like to play a few more bounces.
We need to scrape the gold boat along the bottom a little longer to get rid of the rest of the barnacles ;)
The fact some folks are getting concerned about a final capitulation in the gold stocks is positive, IMHO.

> But don't ask why I think so...<g>

If you don't ask me, I won't ask you !
It's a "feeling" we probably have from years of own experience that is hard to quantify.
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