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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 (64055)	2/19/2001 7:24:56 PM
From: Richard Mazzarella	Read Replies (1) of 116764

George, <<provide the catalyst>> The catalyst is the commodity gold that has bottomed and is starting to appreciate. It's argued that this is a once in a 20 year opportunity. POG starts back up, since it's one of the few of anything’s appreciating, investors climb on. As the momentum builds, the talking heads praise value in gold investing. Essays are written on the desirability of a gold standard, the lure of the beautiful yellow metal. Everything is compared to gold. Gold stocks appreciate, the metal appreciates, then even momentum players become believers. 401k plans offer gold funds as investing options. P/Es on mining stocks exceed 250+. On and on gold climbs until someone finally asks the question "what is gold good for, what value does it serve". Then the run ends. All tulips work that way. IMO gold is properly positioned to become the tulip of this decade. I think the match is already lit. Take a long position and enjoy. <VBG>

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