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Gold/Mining/Energy : Gold Price Monitor

GDXJ 115.10

+1.1%

4:00 PM EST

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To: Richnorth who wrote (82358)	2/20/2002 1:18:42 AM
From: E. Charters	Read Replies (1) of 116836

Look at the one year graph of gold. It has been on a steady climb since last February. This has fueled the return of gold stocks by a 70% average share price rise. This is not a short term trend. Once gold starts on this kind of trend, it will continue for about 4 or 5 years. This is the historic precedent. 4 or 5 dollars price blips are insignificant. That is the norm of flux. (1.5%) You may expect some price spikes in the upward direction of up to 10%. Downward from time to time are usually less than 4%. EC<:-}

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