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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: Zardoz who wrote (60169)	10/25/2000 2:18:01 PM
From: Ken Benes	Read Replies (1) of 116796

Gold is going down because energy costs are rising, really. How profound. Thank God for hedging. If you believe that hedging has been the savior of the gold industry, I have a bridge that I am looking to sell. Incidentally, look at an intraday chart of gold and you will see that from its early morning low the POG (GCG1)recovered to -2.80 in early afternoon, before retreating to its earlier lows. Ken

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