Gold Price Monitor Message Board

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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: Richard Mazzarella who wrote (63036)	1/26/2001 3:05:53 PM
From: GST	Read Replies (1) of 116952

Richard -- I don't care where the price of gold goes right now -- it could move down or stay put and not matter. The gold stocks are putting in a bottom -- there just are no sellers left. The signal -- IMO -- will be an advance in gold shares -- a breakout in the equities will make anybody short gold think twice. A movement in the price of the metal is just an invitation to short. There is a limit to how much a stock can be shorted -- unlike gold itself.

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