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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST
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To: Richard Mazzarella who wrote (61375)11/27/2000 4:01:37 PM
From: Whistler30  Read Replies (1) of 116762
 
Richard;

While what you say rings true to an extent I think you cannot discount the psychology behind pricing. The recent climax top in technology growth company shares had nothing to do with fundamentals and everything to do with psychology. All it takes IMHO for a major rally in gold is the perception that it is a safe haven in a time of economic turbulence - the rest will take care if itself.

Whistler
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