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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: kirby49 who wrote (68844)	5/8/2001 1:40:39 PM
From: Crimson Ghost	Read Replies (3) of 116756

The two best stock market strategists I follow (Don Hays and Steve Saville) both think we are in a bull market, but argue we are on the verge of a significant correction. Interestingly, they differ strongly on gold. Hays is a deflationist despite the surging money supply. Does not like gold. But Saville argues (like most of us here) that we are entering a period of stagflation and that a big drop in the buck is inevitable. Extremely bullish on gold and gold stocks. As am I.

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