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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Bill Murphy who wrote (30203)	3/17/1999 2:00:00 PM
From: Bobby Yellin	Read Replies (1) of 116759

Hi bill As Goldsnow asked "Can you say "sell the rumor and buy the fact?" Well..isnt' the end of a bear market when bad news hits and that market goes up.. yesterday xau closed up.. today things don't look so bad. Interesting although I definitely know one day a market doesn't make.. but this is unusual isn't it..especially with rubin apparently changing his tune.. At this point reading that Korea and malaysia(without IMF help) have probably turned the corner..that is really interesting ..it is as if all the shoes have fallen..and now all of a sudden with some indications of recovery..Rubin might be willing to have some gold sold..I don't understand.. I also don't know if the central bankers etc want the deprived nations to deprivatize and then the vulture financial types will swoop down to get the best .

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