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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: long-gone who wrote (14704)	7/20/1998 11:19:00 AM
From: William JH	Read Replies (2) of 116764

The question hass been asked on this thread "What will it take to make gold move"? A Ted Kemp from CPM group was on CNBC today and said that what is missing is the large institutional investor. He said that the small investor is buying gold, as evidenced by a 63% increase last month in sales of American Eagle gold coins. The writer of Neowave Newsletter said today that gold was his safest bet (and he had the charts to prove it! However they were charts of the past, not the future). Maybe sentiment is changing.

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