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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Rarebird who wrote (58693)	9/22/2000 10:46:43 AM
From: Ken Benes	Read Replies (1) of 116760

Gold up 4.20: XAU up .80 @ 50.19. It will take nothing short of panic to overcome the investors aversion for the gold stocks. Unless the rally that John forsees unfolds, I believe the next year for the producers is going to be tumultuous. Shareholder revolts will infect the industry resulting in the dismissal of many of the management teams who aligned their companies with the bankers rather than the shareholders. The performance of the xau is screaming this particular outcome. Ken

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