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Gold/Mining/Energy : Gold Price Monitor
GDXJ 150.31+2.0%Jan 28 4:00 PM EST

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To: grusum who wrote (79406)11/17/2001 7:04:02 PM
From: Canuck Dave  Read Replies (1) of 116927
 
Follow some of the links in the article for more good analysis.

Certainly makes one feel better about holding gold and silver stocks. The question for precious metals is not if, but when.

And what will precipitate it. I have a fantasy of flicking on CNBC some day and Costello is commenting on a sudden rise in the price of silver.

"Maria, we're receiving word that some sort of a situation is emerging in silver. Basically, there isn't enough physical to deliver against the Comex contracts. We've phoned around, and nobody seems to have any. All hell is breaking loose in the futures pits, but traders say this is probably just a temporary phenomenon.

Back to you."

CD
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