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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: sea_urchin who wrote (32583)	4/27/1999 7:23:00 AM
From: John Hunt	Read Replies (2) of 116758

Re: whatever the producers do, they're cornered Hi Searle, I wasn't holding my breath ... Darn hard to put pressure on your banker when he holds your loans. < g > I do put a lot of faith in the 160 day EMA (or 200 day EMA) of the XAU indicating the long term trend and it has definitely flattened out after several months of decline. It may only be a temporary plateau, but we should know fairly soon. John

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