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Gold/Mining/Energy : Gold Price Monitor
GDXJ 115.10+1.1%4:00 PM EST

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To: Pacing The Cage who wrote (94592)4/18/2003 3:44:42 PM
From: T-Lo Greens  Read Replies (2) of 116835
 
Ken, in a market capitulation ALL stocks get destroyed. A stock is just a piece of paper, whether it's in MSFT or HMY...doesn't mean it's backed by the inherent value of gold, nor will it be converted to gold by HMY.

Now I have nothing against physical gold, I just don't think it will go much higher, maybe $335, and definitely should go much lower $270 +/- 10
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