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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

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To: Bucky Katt who wrote (3060)	11/12/1997 7:29:00 AM
From: Mark Bartlett	Read Replies (3) of 116845

William, <<<<Wonder if Central bankers are worried about more bank runs and don't want people to buy gold but invest in "safe" US treasuries.>> That's it in one sentence.>> Yep .... a flight to something other than US treasuries would be disaster for the market .... it would show a complete lack of confidence. Hong Kong and Japan tanked last night .... North American markets should open weaker ..... if they do not - the manipualtion of the "free market" will reach new heights. Lesson to be learned - you can not inflate your way out of debt. Should they lose their grip on gold .... look out. MB

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