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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Bobby Yellin who wrote (13479)	6/19/1998 9:56:00 AM
From: Keith Monahan	Read Replies (1) of 116764

<<also I think possibly that there is big big money in Germany that might have knowledge about the final resolution of how much gold is going to back euro..just guessing of course..but maybe on the higher range>> I agree. I don't have this weeks Barrons in front of me, but August von Finck, a wealthy German industrialist, has increased his position in Homestake Mining to approximately $200 million, almost double the initial position he accumulated in the first quarter of 1998. He doesn't appear to worried about the short term price of gold.

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