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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Alex who wrote (27230)1/29/1999 12:22:00 AM
From: Lalit Jain  Read Replies (1) of 116764
 
Alex,

An excellent NBR interview with Bob Hafer. However, IMO, as soon as there seems to be a reversal of the CRB index to the upside, another commodity producing country goes belly up, with the last one being Brazil. And the CRB index sinks to new lows. Maybe Bob is right. It may not sink low.

On POG, watch out for a rise soon. Wedding season in India will be at a peak in about 2 months. I suspect that demand in India for the yellow will be at its highest level ever.

Regards, Lalit Jain
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