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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Gabriela Neri who wrote (6216)	1/18/1998 1:14:00 PM
From: Jim Ilchyshn	Read Replies (3) of 116764

Gabriela, Martin Armstrong is supposed to be one of the world's top economists. He works out of the Princeton Economics International group - web site: www.pei-intl.com . Last year he predicted oil would be at $30 by year end. He sure blew that one. Now he is saying the price of silver will go down to $3.00. I lost total respect for this guy when I found out that his institute has a large short position on silver. They are going to get their asses creamed. Check out gold-eagle.com I believe his group was part of the lawsuit. I say if you can't take the heat, stay away from the fire. His comments on gold just in case anyone really gives a shit what this guy says now is that it will do nothing at least until the end of '98. Based on his track record, I would start backing up the truck and loading up on all the gold you can buy. - Jim.

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