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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: Ken Benes who wrote (73344)	7/12/2001 3:35:50 PM
From: Claude Cormier	Read Replies (1) of 116756

Ken, All I can say is that you are right for now. But the guys in the early 1970's were also saying that gold had no future. In fact, the central banks as a whole, still have as much (or almost) gold as they had 32 years from now. There is 10 times more fiat currencies out there than there is now. Gold is extremely cheap even if it is out of favor for now. Period.

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