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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Enigma who wrote (16488)	8/24/1998 6:49:00 PM
From: Ahda	Read Replies (2) of 116762

Enigma i can't even give you a guess becuase s each currency gets hit gold goes continues down. I think that we have to watch US currency and the question becomes timing and the more i learn the less i know. My son and spent along time discussing this and who is right pro con well i feel that US is investing where others are really down. That could be a plus Europe seems to be strong so it just seems to me that Europe UK and USA are sort of separate from the problems of Asia maybe benefactors. I dont have a chart to check but gold and Asia probably ran down hand and hand. I can tell you our interest dosn't give us much flexibility to stimulate if our economy to halt. I can also say the US is such a blend of peoples that what is going on elsewhere is opportunity here. Probably even more so as most likely we will be more y2k compliant than anyone else. That might be a plus for our banking industry. I think the simple answer for gold lies in when our dollar starts to topple. Many others have and it sure hasn't been a plus for gold. I have said to much and it amounts to nothing concrete.

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