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


To: Bobby Yellin who wrote (37916)7/28/1999 7:04:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 116762
 
I would not say that Goldman now is willdy bullish on gold. Cautiously optimisitc would be a better description. But that is a lot better than out and out bearish.

BTW, that Goldman report supports my contention that cheap gold lease rates have been a major bearish influence on the market in recent years. And they ought to know. Lease rates have jumped sharply of late -- a bullish development if continues.