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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: long-gone who wrote (84045)	4/1/2002 6:42:51 AM
From: IngotWeTrust	Read Replies (1) of 116915

Richard, there is no mystery that "exploration is far below early 80's levels"...that's when gold just off the $820ish highs...there wasn't a piece of real estate on the globe that wasn't being explored at those lofty price levels. That premise is a pretty weak argument for the price of gold going higher in here. I could have said it was going lower had I been interviewed based upon the exploration program levels back in 1923, or 1869 for that matter.

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