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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: BushPilot who wrote (369)5/5/1999 6:55:00 PM
From: Wade  Read Replies (1) of 48092
 
Bush,
HM got positive coverage by CNBC during lunch hour today. I am happy to see the change of attitude this time. One of the anchor used to pooh pooh gold every time it got started to move. He did not know that was just his own opinions, not many others. However, his position allowed him to influence the market. I hope CNBC learned how to restrain the anchors not to make comments just based on his own personal view. That is not his job. Any way, I am glad to see gold made the positive move lately. The next step is to see POG to move above $300 when inflation pressure sets in and stock market drifts lower. The key is still the strength of dollar. It has to go down before we see any significant rally of POG. Good luck.

Sincerely,
Wade
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