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Gold/Mining/Energy : Coeur d'Alene Mining (CDE) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (250)7/12/2000 12:37:33 AM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 621
 
Read real close, very, very,

goldminingoutlook.com
XXXXXXXXXXXXXX

SUMMARY: My current outlook has been raised to STRONGLY BULLISH for gold, gold coins, and gold
collectibles, and to VERY STRONGLY BULLISH for gold mining shares. The past four trading days has seen
the
XAU steadily and progressively outperforming the spot price of gold, while holding just above its annual low,
which
is the kind of behavior that often precedes a major rally. In the July 17, 2000 issue of "New Yorker" magazine is
an
article about how gold mining has been a terrible investment; usually when a non-financial publication has a
financial
article, it marks an imminent reversal in a major trend. In addition, those gold shares which generally serve most
reliably as a leading indicator have been outperforming those which more closely track the gold price itself.
There is
still the danger of a final liquidation of stale speculative longs, but even if this were to occur, the XAU would
probably only retest its recent base rather than break down to new lows. The fundamentals for gold are
improving
markedly as the U

BULLISH , talking to myself, but not answering,that is good,