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Gold/Mining/Energy : Gold Price Monitor

GDXJ 115.10

+1.1%

4:00 PM EST

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To: Little Joe who wrote (11647)	5/15/1998 12:12:00 AM
From: PaulM	Read Replies (3) of 116836

Little Joe, I don't pay much attention to technicals or short term swings but there seems to be price movement in Asia tonight. That's something I'm always looking for. If the Asian crisis does end up driving those people into the yellow metal, there may be no end to it. It seems that whenever their currencies stabilize, there is buying there. But I suspect what that means is just that there is ALWAYS steady (not overpowering) buying there, its just that its not as visible when the dollar is going up as well.

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