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

To: Rarebird who wrote (47604)	1/27/2000 3:49:00 PM
From: Lucretius	Respond to of 116753

siliconinvestor.com 12702073 -Lucretius

To: Rarebird who wrote (47604)	1/27/2000 5:14:00 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 116753

What impressed today is that gold stocks wwre able to rally nicely despite a strong dollar and a strong bond market. The excellent bond market action is telling me that the FOMC will tighten much more aggressively these next few months -- slowing the US and global economic boom and putting some downward pressure on the CRB. Oil and oil service stocks were very weak today on just a small drop in crude prices. But again, gold stocks appear to have discounted all of this (or almost all) already. A final spike down in POG would not surprise me, but I suspect we have seen the lows in the XAU.