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Non-Tech : Invest / LTD
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To: 007 who wrote (5722)12/2/1998 9:22:00 AM
From: Lucretius  Read Replies (1) of 14427
 
"close?" (GGGG)

gold stocks should rise as the dollar falls because the POG will rise. As the decline reaches the latter stages... yea everything will be sold in an attempt to raise cash, but the golds will just be sold because they will likely make huge moves in response to gold prices moving up above $300.

I think the drillers have lower to go. Even if crude bottoms right here, it won't be above $17 for years... death to the drillers.
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