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Gold/Mining/Energy : Gold Price Monitor
GDXJ 115.10+1.1%4:00 PM EST

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To: Zardoz who wrote (56541)7/20/2000 1:24:36 PM
From: goldsheet  Read Replies (1) of 116836
 
> Should the three majours components reach their previous lows again and the POG hits $245, the XAU will surely reflect mid 30's

I put the 52 week lows in for ABX/AU/HM/NEM/PDG
(15.5/18.0625/5.625/16.375/7.6875) and get an XAU of 48.65

The 52 weeks lows for HM and PDG are actually lower than
their 1998 lows, so I added only the 1998 lows for
ABX/AU/NEM (13/16.25/13.25) and get an XAU of 43.79

It isn't good, but it isn't the mid 30s !
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