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Gold/Mining/Energy : Gold Price Monitor
GDXJ 119.96+2.0%4:00 PM EST

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To: Zardoz who wrote (25572)1/7/1999 11:00:00 AM
From: Jim McMannis  Read Replies (1) of 116820
 
Oh,
You bought ABX this morning? I thought you weren't coming to dinner?
Now you've shown up. XAU is pushing over 70 from 61. Looking for 85.


RE:"Comment: The bank cut by 0.25%, and so you'll see a technical rally on short covering in
the futures. Had they cut by 0.50% gold probably wouldn't move"...

------------
I don't agree.
More cuts the better for gold...

All the best Hutch...
Jim
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