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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: CuriousGeorge who wrote (3597)	11/26/1997 6:45:00 PM
From: goldsnow	Read Replies (2) of 116789

>>>History with its flickering lamp ....<<< CG, how many years? Do you know of any person that forecasted the Fall of Berlin or collapse of the Soviet Union? That what debased gold. Not gold value but gold's poltical cloud. Jules Vern predicted a submarine in great detail.. The emergence of China propelled a stock market (another consequence of collapse of the Iron Curtain) But.. IMO this is not such a difficult or Genius dilemma. Gold is a commodity it is at 12 year low. Stock Market is at all time high. If you have a horizon of longer than 2 years, what is a worry Buy low sell high. Not an advice just a thought. As far as bottom fishing. People bought AMAT at 40-30-22 before the split. Than it went to 55 in one year... How is gold different? Juniors are different of course... Some may not survive others will go-up 1000% plus. How many people think that ABX's of the Industry will drop 50 % of it's present value? By the way IMO talk of Gold heading below $200, has a validity but no more than INTC heading to $20 (a major apocalyptical event happened -where $ would not buy much)

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