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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: cAPSLOCK who wrote (21228)	10/8/1998 10:55:00 PM
From: Jim Ilchyshn	Read Replies (2) of 116759

Gold looks strong so far tonight (up $2.30). The price drop today was just manipulation by the swat team. Falling markets and rising gold just bring on more panic. Nothing goes straight up. I am enjoying this slow steady rise. I do believe we have just seen a firm base put in at the $300 mark. P.S - I saw Mr. Venerosso at a Calgary conference a couple of weeks ago. When he spoke he commanded attention. All the other analysts just sat an listened in awe. He is very positive on the fundamentals of gold. Maybe tomorrow I will post my notes.

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