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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: long-gone who wrote (16143)	8/19/1998 8:29:00 AM
From: Bobby Yellin	Read Replies (1) of 116908

Richard when you have time start checking out earnings of companies that are turning around check out earnings of companies based on consumer spending versus corporate spending.. what I am watching in gold sector how many companies might still go bankrupt :< which down the road will really add fuel to the remaining companies.. how many companies have bought back their forward position..so far Kinross might be the only one how many companies are being acquired..possibly mar west by glamis again..with all these currency crises and gold doing zip..seems we will have to wait until commodities turn..that is why I think oil insider buying is important again..we are entering into bullish phase for gold now..let us see what it can do.. supposedly German has a lot more loans to South East Asia than to Russia and their stock market again is going up..(for how long? but their unemployment is going down)

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