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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: JOSEPH RASPANTE who wrote (2445)	10/26/1997 8:36:00 PM
From: Andy B. Anderson Jr.	Read Replies (1) of 116944

Joe, You are absolutely right, but this rise may be sooner than you think. This deflationary invironment may get ugly. Gold generally does good in currency upheavels. Asia is having a currency upheavel. Hong Kong may have to float it's currency and rates may go higher. The financial markets of Asia and England have been hit hard and a lot of gold selling has been going on. The announcement by the Swiss is baloney. Do you think they would announce selling? Gold has bottomed & if this hits US markets watch out. Gold will profit. I believe

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