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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

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To: Ironyman who wrote (28637)	2/20/1999 12:03:00 PM
From: C Hudson	Read Replies (2) of 116885

Guys and Gals, One month and twelve month lease rates for gold have EXPLODED! (4.94% and 5.22% respectively) There are a few interpretations of this. One is that a massive attack on the price of gold is about to occur. My thought is that the EURO is fading and a higher price of gold would help it. It all depends on if the lease rates responded to an increase in demand for leased gold or not. Whatever your interpretation, the gold market is heating up! "With, without.......and who'll deny it's what the fighting's all about" ....from "Us and Them" by Pink Floyd (my favorite Floyd song)

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