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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Crimson Ghost who wrote (55749)	7/7/2000 10:41:19 PM
From: Rarebird	Read Replies (1) of 116788

<The commercials right again> The commercials cannot get squeezed. They are the market. Only speculators can get squeezed. Sometimes commercials are wrong about gold for a little while, but in the end, they are usually right. This time is no exception. It's true the commercials were short palladium for a while during its blow off stage, but that is a very thinly traded market in which the traders' commitments are only about 1/100 as important as for gold.

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