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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

Nov 18 4:00 PM EST

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To: Alex who wrote (22984)	11/15/1998 8:44:00 PM
From: goldsnow	Read Replies (2) of 116762

We shall see now how Iraq will play-out short term...Coupled with interest rate cut on Tuesday that should deal Dollar back to 111-116 level....may see Gold attemtpt to break-out again..The only piece is missing would be an anouncement by EMU that they would increase Gold reserve by 10% to 25%...:) And why not..considering that Yen would continue to strengthen?

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