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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: James R. Barrett who wrote (14672)	7/19/1998 1:43:00 PM
From: goldsnow	Read Replies (2) of 116764

>>Comparing gold to oil or copper is like comparing caviar to bread.>> James, what a great comparison! Caviar, which of course is in danger of diappearing and just as rare as gold appreciated 1000% in just 2 years, and many times that much in the past ten.. Beyond that none of the commodities you listed have a short on them equivalent to 8,000 tons of gold. None of them, and more so oil would do you any good if Global Slowdown will continue.... The only reason POG is down (unlike oil) is a raging Bull Market fueled by strong dollar...Do you seriously believe that in inflationary enviroment (commodities up) Dollar would retain it's strength?

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