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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: Dwight Taylor who wrote (6272)	1/19/1998 2:58:00 PM
From: Bobby Yellin	Read Replies (1) of 116764

would you mind giving his explanation.. I made a a major blunder..by not giving full credence to the dollar becoming the safe haven and replacing gold as a safe haven.. I was superficially assuming since gold is denominated in dollars it would have an inverse relationship...instead of focussing on the safe haven of the dollar... Since nothing seems to be pegged to gold except our hopes..wonder why that argument by Janeway holds true.. thank you bobby

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