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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

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To: long-gone who wrote (56061)	7/12/2000 1:04:05 AM
From: Zardoz	Read Replies (1) of 116894

Rumor says 6X over subscribed - sure hope they're right. I wouldn't want to own gold stocks going into the UK sale. Not because this could be 6x over subscribed, but because it may have to many sucker bids in. Today's rally in the XAU is from an over sold position to a neutral position. Come tomorrow if the bids are weak, you could end up much like the first sale, a washout sale. Over subscription is not as important unless it is above market price appreciable. Hutch... Gold = Pavement... still laughing

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