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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.78

-1.2%

Dec 31 4:00 PM EST

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To: Don Green who wrote (20739)	10/5/1998 6:24:00 PM
From: goldsnow	Read Replies (2) of 116836

>>Lack of DEMAND...or OVER SUPPLY.. either way it's going DOWN >>> Don, you have been hitting it I mean "mirrow image" greatly... Why Gold is at 3 year high in Australia?! Now as you alluded (substitute Gold for dollar,) with demand for the latter dropping (fact) POG in dollar term is going- up.. The trick is to understand why is dollar going down (Japan is in shambles-should be opposite) and would it recover? ...But you are showing promise keep-up a good work...

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