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Gold/Mining/Energy : Gold Price Monitor

GDXJ 112.58

-1.5%

Dec 15 4:00 PM EST

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To: Alex who wrote (16171)	8/19/1998 8:26:00 PM
From: paul ross	Read Replies (3) of 116815

Someday reality will hit, but as they say it may be eventual just may not be imminent. Talked to my resource stock broker today who says that several CB's are ready to enter the market and support gold if it should fall much below $280. He's convinced that we are very close to a bottom for the precious metal's related stocks. Some really good buys out there, some near cash value. With regards to the Russian problem, why doesn't the US govt. buy 100k acres or so of public lands from the Russian govt. for the $10B or so they are looking for. (Then we could build a military base on the land). It would be kind of like the Alaska deal. note: unsubstantiated rumor

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