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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.60

+2.2%

Dec 26 4:00 PM EST

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To: Real Man who wrote (94545)	4/14/2003 2:19:06 PM
From: T-Lo Greens	Read Replies (1) of 116833

Vi I don't follow elliot waves, but I remember reading somewhere that Prechter was calling for POG $240 or so, which I disagree with. Right now my fair valuation for POG is actually $260 but with political instability the premium might add another $10-25 so a range between $260-285 is acceptable to me for year end. POG is priced in USD so deflationary pressure on the USD is actually bad for POG.

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