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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Crimson Ghost who wrote (63896)	2/17/2001 12:34:36 AM
From: Square_Dealings	Read Replies (1) of 116764

If you owned a lot and the prices actually went up why would you want to sell agressively? Why not sell a little at a time on the way up? That's what I will do. But of course if it is more profitable to form a monopoly as the bullion banks have, and sell call options for example as your dumping large quantities on the market and spreading negative news (lies?) then maybe I can see why they would sell aggresively. I have many reasons to expect that price of gold will steadily increase of here, with the wild card that a significant scientific discovery will be made finding new applications for gold that could be a critical technology for example going forward, just as it has been critical to the advancement of electronics industry over the last 20 years. M.

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