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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: Ahda who wrote (16750)	8/27/1998 8:32:00 PM
From: goldsnow	Read Replies (1) of 116764

I do not think that USA stocks would be able now to compete for money even at 7000 with say Nikkei..sentiment of safe haven changed...footnote JapanNikkei 225^N 2258:26PM 13878.97 -534 82-3.71% Also at 15% ECU reserve would now take a lot of Gold to reach that magic 15% ....not even sure if they got that much... Dollar looks like in far bigger trouble than commodities....Oil becomes not so cheap...

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