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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: goldsnow who wrote (3811)	12/4/1997 3:44:00 PM
From: Bobby Yellin	Read Replies (1) of 116846

ps..I forgot what the historic gold/silver ratio is but I think it is getting resolved on the other side.. ugh couldnt this be also bullish for silver since less mining..and no central bankers to say they are going to dump it.. (ps)I think the deep pocketed gold investors will not sell..but possibly buy into the fire sale..I think they know this balancing act can't go on for ad infinitum...maybe they are helping to set a trap for the central bankers...who inventually might start running scared when nobody is left to bailout their countries.. ps..can't the imf bonds compete with the US treasuries? bobby

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