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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Bobby Yellin who wrote (16286)	8/21/1998 10:13:00 AM
From: long-gone	Read Replies (1) of 116782

Just heard J. Rogers doggiong gold, as he thinks CB's will keep selling & the miners are doing a far better job. He simply has not done the math. He does not understand just how much money is in very questionable investments in this market (internet stocks?). a broker friends showed me numbers about two weeks ago that if 40-60% of these stocks moved to an even mix of metals stocks & bullion, we would be looking at gold over 370 & silver over 6.50. He suspected that we would also see much go to oil futures. rh

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