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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.44

-1.2%

Nov 14 4:00 PM EST

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To: Richard Mazzarella who wrote (59061)	9/28/2000 11:54:06 PM
From: Rarebird	Read Replies (1) of 116762

The Australian Dollar is falling again this evening. Gold is down another $1.20 in Asia. The dollar is strong as a result of continued strong economic growth in relation to the rest of the World. Energy prices have come down quite a bit since Clinton has released some Strategic Petroleum Reserves. Denmark has refused to adopt the Euro. Open Interest on the Futures have come down quite a bit after the very brief rally in the POG where the gold stocks grossly underperformed again, as they have done for the past year. Am I missing something? Is there a cogent bullish argument for gold here? I don't see it till Greenspan starts easing. I Wonder who will become our next Short Term Bullish Gold Guru on GPM?

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