SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.74-1.2%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IngotWeTrust who wrote (23180)11/20/1998 4:14:00 AM
From: Alex  Read Replies (1) of 116836
 
Rose. Thanks for the link. I've bookmarked it. Little Joe provided the Trader's Press URL for you I assume? From Business Week..................

11/19/98 - Gold stock fundamentals improving -Business Week

<Picture>

NEW YORK, Nov 19 (Reuters) - Industry fundamentals are improving for gold stocks, Business Week reported in its Nov. 30 issue.

Most investors have been cautious while gold producers have endured a bear market since February 1996.

Gold producer Newmont Mining Corp. (NEM.N) will be a winner if the price recovers, said Vince Carino of Brookhaven Capital Mangement. He expects the price of gold to rebound in three to six months as the gold supply stabilizes after producing countries such as Russia and Korea finish their "panic selling."

Carino said in BusinessWeek that he expects the price of gold to recover to $400.

REUTERS Rtr 22:10 11-19-98
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext