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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: long-gone who wrote (67741)	4/17/2001 7:00:03 AM
From: Rarebird	Read Replies (1) of 116761

Last Friday's 0.2% dip in business inventories could push first-quarter GDP down to -1.0%. In addition, this may be the handwriting on the wall for All to see that a recession is imminent. Despite that, the 10-year note has been selling off. On a retail level, the price per gallon to fill up your car has risen this month from $1.65 to $1.85-$1.90 in NYC. Intel reports quarterly earnings on Tuesday- the expectation is for a poor announcement and anything that is remotely close to estimates may cause the shares to rally. I'm looking for three cents below the consensus of $0.15 per share. Moreover, AMD is reportedly cutting prices. This does not bode well for Intel. Oil stocks rallied as investors flocked to a sector with better earnings visibility than the techs. The day is coming when investors will flock to gold stocks. Got Gold? Got Guns? Got Guts?

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