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Gold/Mining/Energy : Gold Price Monitor

GDXJ 143.83

-4.4%

Jan 29 4:00 PM EST

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To: getanewlife who wrote (60305)	10/28/2000 8:00:11 PM
From: Crimson Ghost	Read Replies (1) of 116932

US dollar has replaced gold only as long as the dollar bull continues. Once the dollar bull turns into dollar bear as seeems very close now, gold will again glitter. The dollar was very strong in the early 1980s and gold got trashed as expected. But when the dollar plunged between 1985 and 1987 gold took off -- going from $280 to $500 within 2 years.

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