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

To: Rarebird who wrote (55733)7/5/2000 1:56:04 PM
From: Stoctrash  Respond to of 116791
 
Does it bounce at ~54...or break a new low?

My ole dad says Gold stocks are historically weak in early Summer...is that a true seasonal effect or is he trash talking??



To: Rarebird who wrote (55733)7/5/2000 1:56:24 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 116791
 
RB, we'll see if there really is a slowdown coming. looking at recent money supply growth data that looks more and more unlikely. there has never before been a tightening cycle where money supply has just kept on growing like weeds as now.

today's downturn in the PoG has morphed into a free-fall:

kitco.com

proving once again, that unless the XAU confirms a gold rally, it will fail.


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