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


To: Alex who wrote (50897)3/30/2000 8:41:00 AM
From: Rarebird  Respond to of 116763
 
Cause of the latest sell off?

1) Tremendous Strength of the Dollar
2) Strong Growth Rate > Inflation Rate
3) Infinite Confidence and Trust in Greenspan to preserve the Bull.
4) Comex Gold Warehouse stocks have increased tremendously as of late: now up to 1,739,170 ounces

Talk of Gold Sales IMO are just Bearish Hype that are already discounted in the Market.

I've been following FN over the last few weeks. Great Balance Sheet. One of the best in the business. Very reasonable valuation. But that could change along with the POG.