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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.59

+2.2%

Dec 26 4:00 PM EST

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To: Pierre J. LeBel who wrote (11606)	5/14/1998 12:46:00 PM
From: Richard Mazzarella	Read Replies (2) of 116832

Pierre, the metals are considered "safe haven" for turmoil, silver before gold. If you look at the prices closely, silver is ahead of gold. That suggest to me that this buying is just a crisis effect that could reverse if things stabilize. IMO this is not a bullish gold market yet.

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