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Gold/Mining/Energy : Gold Price Monitor
GDXJ 107.29-0.9%Dec 2 4:00 PM EST

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To: Crimson Ghost who wrote (62453)1/4/2001 9:58:04 AM
From: Rarebird  Read Replies (1) of 116791
 
<I now am leaning toward the conclusion that GATA is correct in arguing that NOTHING will move POG very much unless the manipulators lose contol.>

As you know, I don't agree with you. But that's OK. We can agree to disagree.

18 years of a Mega Bull Market has not destroyed sentiment all that much, regardless of the tremendous losses in high tech. Yesterday's price action in the Gold Market was an affirmation that Chairman Greenspan will save these markets. But will he be able to do so and at what expense? Will not gold eventually benefit here from radical easing?

The key is the dollar. Gold is not dead. I urge you to be patient and not take every tick so seriously. But you are who you are and I appreciate your thoughts.
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