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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (534)	10/7/1999 2:44:00 PM
From: Sam	Read Replies (2) \| Respond to of 48092

With gold sticking around 324.25 ,what has hit PDG all of a sudden ,did some one find a skeliton in their closet as well sam

To: Wade who wrote (534)	10/12/1999 9:51:00 PM
From: Wade	Read Replies (1) \| Respond to of 48092

Well..the market did not collapse and the gold did not rally last week<G>. However, the preparation for protection was not in vein. The dollar index hit a new 8-month low and the 30-year bond rate hit nearing 2-year high today. The general stock market is getting very nervous and we are entering the seasonal weak and dangerous period for the next two weeks. This is within my expectation. However, the weakness of POG was unexpected. Probably due to profit taking and still in denial period. It is clear that CRB index is rising and we will see new 1 year high if price of oil reach $24-25 again. I wonder how important of rising interest rate can do to POG and XAU if the perceived unbalanced gold supply is the key factor. Did I miss some thing or the whole crowd just running for their lives? Good luck to all. Sincerely, Wade