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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: John Hunt who wrote (30719)	3/27/1999 6:53:00 AM
From: sea_urchin	Read Replies (2) of 116796

Thanks John : I just don't know what to make of the dynamics of the gold market. Certainly, the commentary one reads on these threads is so skewed as to be of little value. All I hear about is selling, and more selling and forward selling and short selling and conspiracies and manipulating the price downwards. For every sale there is a buyer . But, somehow, that simple fact escapes all the "experts" who persist only in talking about the selling. The buyers slip off, un-noticed, into the shadows! My own view of POG is predicated on the strength of the US dollar. While the Euro and Yen etc are so weak, I don't look for any improvement in price.

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