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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

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To: Rarebird who wrote (60080)	10/24/2000 3:10:55 PM
From: Rarebird	Read Replies (4) of 116845

I'm really somewhat perplexed by what is going on with the gold stocks. Are they discounting a dollar index of 125-135? Are they discounting a drop in the POG below the summer 99 low? The decline every single day to new lows doesn't make any sense to me on a fundamental basis unless something major is about to happen, like an equity crash. PDG hit a new low today. I'm going to read PDG's earnings release very carefully this evening to find out why. What's going on here? And please, Richard, don't tell me you know what.

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