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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%4:00 PM EST

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To: Enigma who wrote (96182)11/6/2003 10:34:14 PM
From: goldsheet  Read Replies (2) of 116762
 
> we seem to be flat bang in the middle of the precious metals cycle right now!

I think flat is a good choice of words to describe the middle of this cycle. The really nice run was from $250-to-$325 (the 18 months from December 2000 to June 2002, where one had all those nice 4-5x in stocks) but we have been screwing around ever since. Heck we hit $379 in early February of this year, and we are still there 9 months later. Every prediction of $400 seems to make it less likely to happen.
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