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

To: Rarebird who wrote (54330)6/14/2000 2:53:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 116767
 
the XAU needs to ramp through resistance to confirm this new 12-week closing high in the PoG...



To: Rarebird who wrote (54330)6/14/2000 3:57:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 116767
 
With gold closing at almost the days high, the action of the xau indicates the skepticism that investors have towards the senior producers. By and large the action of the xau is shouting, we either do not trust the move in gold, or the ability of the producers to maximize the price rise to their benefit, or both. Rarely, do you see such a resounding indictment of a sector and the management of the companies that comprise a group.

Ken


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