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Gold/Mining/Energy : Gold Price Monitor

GDXJ 130.35

+0.4%

Feb 4 4:00 PM EST

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To: Zardoz who wrote (24094)	12/10/1998 5:41:00 PM
From: Broken_Clock	Read Replies (1) of 116960

Hutch... 2¢ worth: 1.US$ gapped down strongly despite Brit rate cut. 2.DOW diving so XAU participated with bonds in safe haven. 3.Some short covering since further deteriorization in the xau is 50/50at best(short term) and gold hasn't been knocked back down to 290 but has turned back up a bit. Actually, NEM had sizeable volume last Friday showing a first sign of a possible reversal.

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