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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (393)	8/3/1999 10:32:00 AM
From: Bobby Yellin	Respond to of 972

thought you might enjoy this response..goes hand in hand what you have been telling me Message 10795615

To: Larry S. who wrote (393)	8/5/1999 7:17:00 AM
From: Dan P	Read Replies (1) \| Respond to of 972

Larry: There seems to be litle question that commodities are coming back. The CRB is well above its 200 day ma, and clearly, oil, natural gas and some base metals are looking a little stronger. It should follow that gold eventually will follow, especially since the XAU, which often heralds moves in the yellow metal, has stubbornly refused to go down. Marantette expects a major low this fall, and a significant rally. Of interest, a relatively newly formed S African gold mining and investment company, Anglo-american(AAUK) is actually trading at a new high. Regards Dan