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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.07+0.7%Jan 16 4:00 PM EST
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To: Bobby Yellin who wrote (7672)2/18/1998 9:27:00 AM
From: PaulM  Read Replies (1) of 116893
 
Bobby, there's no more smart money. Markets no longer seem to factor in risk. And at a time when things are very risky. I'm not sure why this is, but I think it's because the predominance of mutual fund money means that investment decisions are no longer made by those most directly affected.
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