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

To: long-gone who wrote (58572)	9/21/2000 12:52:55 PM
From: Richard Mazzarella	Read Replies (3) \| Respond to of 116763

Richard, maybe gold has nowhere to go, but up? I just saw a TV commercial telling people to sell their gold holdings so they can invest that cash in "profitable" investment securities. LOL Maybe the bottom is in? I have been so sour on gold over the last few weeks that I have been accumulating mining stocks (After years of experience, I understand how metal stock prices run counter to my gut feelings). Not that I expect a new bull market in gold, but at least another trading opportunity on short covering.

To: long-gone who wrote (58572)	9/22/2000 9:30:10 AM
From: Professor Dotcomm	Read Replies (1) \| Respond to of 116763

3 reasons - LG: 1. Industrial and cosmetic gold demand is finally making a small dent in the huge central bank overhang. 2. The crash of the Euro is renewing old ideas that gold could perform as a hedge currency 3. Oil production/demand imbalance is starting to crank up fears of a new bout of inflation. However, all these reasons are still minor at the moment but they could develop nicely over time. That is why I am not looking for a rapid spike up - just a steady rise over the next 12 months.