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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: PaulM who wrote (4423)12/18/1997 10:32:00 AM
From: Bucky Katt  Read Replies (2) of 116764
 
PBM - I agree with what you say. I also think we will see lower interest rates in the US, which will mean you will see a reason for foreign selling of dollar assets, which will weaken the dollar.
This in turn will be very bad for stocks in general, and very good if you want a higher POG.
So, is it time to go long some way out gold futures and short the S+P?
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