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Gold/Mining/Energy : Gold Price Monitor

GDXJ 136.34

-0.4%

Feb 10 4:00 PM EST

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To: TATRADER who wrote (55947)	7/8/2000 2:23:44 PM
From: Crimson Ghost	Read Replies (2) of 116976

Once the dollar heads south in a serious and sustained way, all the manipulation in the world will not be able to keep POG within the preferred bullion banker targets. The dollar is the key. Nobody knows when the buck will break big time, but at some point it will happen. The only other factor that could ignite a gold explosion is a fundamental rethinking by the European CBs of their policy of leasing gold to short sellers at absurdly low rates.

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