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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: IngotWeTrust who wrote (27189)	1/28/1999 12:08:00 AM
From: Rarebird	Read Replies (4) of 116762

Ole 49r, the dollar will go down big time: it will follow the stock market all the way down - though not initially. All that foreign money which is presently going into the dollar right now will be reallocated into gold denominated assets once the S@P 500 closes down 20% from its highs. I see the POG ( and XAU ) falling with the rest of the stock market during the first leg down ( or what is perceived as a correction ). It will be the second and third leg down where the POG and the XAU will soar! In Short: a possible dead cat bounce today, but some serious short term pain is on the way. Grit your teeth boys, and buy aggressively for the Gold Rally of Your Life!

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