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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.90

+0.1%

Dec 4 4:00 PM EST

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To: Claude Cormier who wrote (63551)	2/8/2001 4:40:42 PM
From: PAUL ROBERTSON	Read Replies (1) of 116795

looks like gold is going to washout the bugs after all. A low sometime in the first few days of spring makes a lot of sense at much lower levels, $200 or on the full moon right now at $256 fwiw. When the commercials are wrong as a group they are usually quite wrong. So it would seem, $200 here we come. Looks like AG is going to have to build new and faster printing presses which would help those suddenly elusive productivity numbers. If Japan breaks 13,000 tonight the poor little world looks to be in a deflationary collapse. AG will probably be hoping for a higher POG before this is all over. i bet PoG is now going to become his most watched indicator. Paul

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