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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: Crimson Ghost who wrote (69245)	5/16/2001 11:02:01 AM
From: Rarebird	Read Replies (3) of 116756

<Investors who try to be "cute" and play the miniwaves in the XAU risk being left behind as the train pulls out of the station.> That's for sure. But what can you expect from the Superficial Amateur Technical types after a 20 year Bear Market? Almost All the Economic Fundamentals are in Gold's Favor here. Once that U.S. Dollar Bubble Bursts it is off to the Races For Gold. In a Bull Market, one is supposed to buy and hold and ride out the corrections. The only question here is if this is a cyclical or secular Gold Bull. If it is a secular gold bull, watch out above: New ALL Time Highs are coming. Very few even think a secular Gold Bull is a remote possibility.

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