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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.03

+3.0%

Nov 7 4:00 PM EST

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To: Bob Dobbs who wrote (57988)	9/8/2000 4:19:14 PM
From: goldsheet	Read Replies (1) of 116753

> then the above post doesn't make any sense That's because I don't know what I'm talking about <g> Dollar strength:----------------------$100 [60] Increased Primary Mine Supply:----- $ 10 [40] Asian Currency Crisis:--------------- $ 10 [25] Central Bank Sales (Leases):-------- $ 30 [25] Total Gold Price Decrease:--------- $150 [150] The dollar rose 40%, so I'll give it 40% of the drop = .40 x 150 = 60 The amount of annual central banks sales did not increase as much as annual mine production, and the Asian sales were one time, so I'd divide up the other $90 into $40, $25, $25. Just an opinion.

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