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Strategies & Market Trends : Strictly: Drilling II

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To: NOW who wrote (25359)1/12/2003 11:02:08 AM
From: Art Bechhoefer  Read Replies (2) of 36161
 
Re: weakness in PG, possibly due to one or more of the following:

More enthusiasm on prospects for DJIA components generally results in less enthusiasm for gold.

Proposed tax free dividends help companies that have steady earnings and predictable market demand.

Less international panic, now that administration wants to defuse situation in North Korea and might also delay military action in Iraq.

Art
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