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Gold/Mining/Energy : Gold Price Monitor
GDXJ 108.29-0.9%Dec 1 4:00 PM EST

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To: long-gone who wrote (25362)1/4/1999 12:05:00 PM
From: Zardoz  Read Replies (1) of 116790
 
Tuesday, May 27 1997 11:35PM ET
"On Business World tonight they interviewed a private arbitrageur called Steven Novak (I think). He was talking about being a bear in the present US market and could not understand how prices were rising in an overvalued market. When asked about sectors that he thought were not overpriced he mentioned financial services and golds. He particularly stated that he thought the gold sector had room to move upward. I did not hear him mention a target price for gold.
Just passing on public domain info."

Many Canadians, whom actually watch Business World on Newsworld, know Steven Novak, and his creditablity was shot for the last 4 years bull market. Which ever time he appeared on TV he showed his bearishness while promoting GOLD from $450+ range. Maybe that's why they don't put him on in the last 6 months. So where did Gold go from that date? I believe it was around $345 that day, $286.50 now? -16.95% for -11% yield?

"As to the manipulations of the gold market, many see them, not just me." RH

33% of all US residence believe they have either seen or been abducted by UFO's {even presidents}. Does any proof exist... oh right area 51. So as I head out to the Masonic Lodge tonight, I'll pass your comments onto my buddies Greenspan and Rubin.

As to commentary, I seem to have to justify ever thing I say......
Right enigma? Right Lucretius Taurus? Right ____r?
So why shouldn't the rest?
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