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Gold/Mining/Energy : Gold Price Monitor
GDXJ 127.15+0.4%Jan 15 4:00 PM EST
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To: Mark Bartlett who wrote (2383)10/24/1997 8:21:00 AM
From: Richard Mazzarella  Read Replies (2) of 116857
 
Mark, I see that gold price is going lower. The lack of price appreciation yesterday says that gold is truly sick. An event that all us goldbugs have been praying for and awaiting occurred and gold goes down. Now it's expected that the Fed won't raise interest rates, also bad for gold price. Maybe it just moves the gold explosion back some, but it could also signal that gold only has value as jewelry and little else. It does seem different this time IMO.
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