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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%Nov 18 4:00 PM EST

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To: Rarebird who wrote (59968)10/19/2000 11:45:35 PM
From: Rarebird  Read Replies (3) of 116762
 
If you assume that Gold is not dead as an investment, I think there are some compelling values amongst the gold stocks here at these levels. I'd feel much better, of course, if the POG dropped $25 tomorrow while the XAU was flat; but low 40's on the XAU looks like an attractive area to scale into a few of these stocks.

It's been a while since I even started thinking about buying another gold stock. I must be nuts.

XAU in the upper 30's is possible but I don't think it would stay there very long. BWDIK.
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