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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Claude Cormier who wrote (21069)9/20/1997 11:40:00 PM
From: Bruce McGaughey   of 35569
 
Thanks for responding Claude. I value your take on the sector.
I think it was important that we saw the XAU bounce off the
right shoulder of a reverse head and shoulder pattern this week.
On Friday, it gapped up at the open and then closed down, filling
that gap. I bet it moves higher on Monday.
The G7 meeting in Hong Kong this weekend might be significant.
There have been bank runs in the far east lately.
We've got to throw them a bone somewhere and lower the dollar.
The dollar came down after the last meeting(then moved back up, later).
How do they fix the strong dollar and the HUGE trade deficit ???
Should be interesting. Remember, the orientals hold a lot of our
bonds.
....and what's this about campaign funds and the DNC/Clinton ??
The plot thickens
(where are them chickens ???)
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