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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

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To: long-gone who wrote (2409)	10/24/1997 1:35:00 PM
From: Alex	Read Replies (3) of 116892

Richard, my problem is that I'm already way overweighted in the gold sector as compared to my normal weighing. Dispite all the bad news I am really not down that much on average, even after todays hysteria. I can't imagine any CB wanting to sell gold after witnessing what is happening to paper in Asia. There is safety somewhere, question is, is it gold or the currency of the worlds largest debtor nation? Just watching the cracks form.

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