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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

Jan 16 4:00 PM EST

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To: Alex who wrote (75516)	8/24/2001 4:27:39 PM
From: Ken Benes	Read Replies (3) of 116871

Alex read my post 75535 which I posted about a week ago. Those are still my sentiments and while I expect the dollar to stabilize a bit lower than it is now, I do not expect a broad based selloff. As I stated, I believe their is a cooperative effort to lower the dollar a bit and keep the price of gold below 300.00. There is too much a stake within the global economy to let unabashed market forces prevail. Over the past several years it is becoming clear that with an integrated global economy and a cooperative effort among the industrialized bankers, pronounced swings can be avoided. Ken

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