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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.01

+2.8%

Nov 5 4:00 PM EST

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To: Bucky Katt who wrote (4527)	12/20/1997 1:43:00 PM
From: goldsnow	Read Replies (1) of 116752

The bond will go lower (would not have time to reach 5) as Japanese Nikkei further drop will couterattack with bond sales to defend Yen. If reaches 5 we are in full-blown deflation, with interest cut, and flow of money out of bonds in aftermath.. Gold stand to win either way.. Absolute Bottom is absolutely irrelevant-lower it goes, higher it will go, giving more time to accumulate at cheaper price... The key not to invest in poorly run Co that will go bankrupt (even at POG 290)

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