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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (35134)	6/10/1999 9:03:00 PM
From: long-gone	Read Replies (2) \| Respond to of 116759

stayed somewhat long, went back where I was. considering a touch more - in a day or six. $300 gold in June.

To: Jim McMannis who wrote (35134)	6/10/1999 10:20:00 PM
From: George Castilarin	Respond to of 116759

You are not alone, I too have taken a big plunge over the last month.

To: Jim McMannis who wrote (35134)	6/11/1999 8:23:00 AM
From: Cynic 2005	Respond to of 116759

I did - gold stocks, that is! Bought some NEM LEAPS.

To: Jim McMannis who wrote (35134)	6/11/1999 11:15:00 AM
From: Ken Benes	Respond to of 116759

Jim: I think a new line in the sand has been drawn at the 260.00 level. I believe the bankers will do anything and everything to keep gold below this level for two very important reasons: first to curb the demand for gold coins as we run up to y2k, secondly, with the nervousness over inflation, it is imperative that gold continue to decline as a palliative to the bond market that seems to want to rise as of late. Should the rise in rates continue, the specter of a derivative problem becomes more imminent, along with its corresponding challenge to the dollar. These are the ingredients that will pop the equity bubble and cause indetermineable problems. Gold is carrying a bigger load than ever making a tradeable rally difficult. However, the pressures are building and at some point, things will get interesting. Ken