Gold Price Monitor Message Board

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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.44

-1.2%

Nov 14 4:00 PM EST

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To: Bruce McGaughey who wrote (10292)	4/21/1998 1:10:00 PM
From: Crimson Ghost	Read Replies (1) of 116762

XAU looks good to me too. One interesting thing about this gold share market is that the seniors move first, then the smaller fry follow with a modest lag. I was able to buy a lot of the Fidelity Select Precious Metals Fund this morning at prices only slightly above yesterday's close despite the soaring XAU. Kitco apparently down today. This happens quite frequently when the gold market is moving rapidly. That site overloads easily. Pretty obvious gold is now in the early stages of a bull market. And buy and hold investors usually do better than traders in a real bull. This certainly has been the case for the Dow Jones and and I see no reason why the gold share bull should be any different.

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