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

To: Enigma who wrote (47546)	1/27/2000 8:56:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 116762

Enigma, <<I'd say that those mining stocks are pretty well washed out already.>> IMO you are telling me that they will probably go lower. Please tell me when you don't see an end of the decline, thanks.

To: Enigma who wrote (47546)	1/27/2000 9:23:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 116762

<Well it doesn't look as if you're right - the Dutch sales and the BofE auction this month have dampened gold - but not killed it...> I never said the latest BOE Auction would kill gold. I said the auction would be a big non-event. The Auction went fine. One of the major problems is increased optimism in the face of the widespread selling. The selling in the stocks is not over by a long shot. There will be days of reprieve but the bottom is not in. Let's see where the XAU and the POG stand in 6 weeks. We should be closer to a bottom by then.