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

To: steinman who wrote (58816)	9/24/2000 10:29:35 PM
From: Stephen O	Read Replies (1) \| Respond to of 116760

No they don't which is why we are very near the absolute bottom. I read the last Richard Russell Dow Theory Letter and he made NO mention of gold which must be a first time event as he has always commented on some aspect of gold in every other letter I have read in 15 years. A classic bottom indicator in my book. Read also this piece by Kaplan He mirrors my thinking entirely KAPLAN'S CORNER: QUESTION: How is the news about Intel's declining profit growth going to affect the price of gold? ANSWER: With a sharply increasing number of ordinary investors finally questioning the wisdom of being invested in still enormously overvalued high-tech shares, there is going to be a small but growing core of individuals and institutions who are going to be selling their high-P/E stocks to purchase other kinds of investments, which may or may not include gold mining shares. This switching is not likely to be very significant until the Nasdaq has shown repeated failure to rebound from sharp losses, since investors have become trained to buy on dips due to the market behavior in recent years. In my opinion, the more important implication of Intel's slowing earnings growth is not the slowing per se, but the fact that it was caused largely by overseas purchasers being adversely affected by the strong U.S. dollar. As a growing number of corporations perceive the current "strong dollar" policy of the Clinton administration as being more harmful than helpful, there will be increased lobbying to replace it with a policy more friendly to exports, which is likely to imply greater corporate support for a lower U.S. dollar.

To: steinman who wrote (58816)	9/24/2000 10:46:38 PM
From: long-gone	Respond to of 116760

It is often written gold and oil have the same driving factors & when the manipulations of one fail the other will follow.

To: steinman who wrote (58816)	9/25/2000 5:29:43 AM
From: Alex	Read Replies (1) \| Respond to of 116760

The gold standard 09/25/00 I f fashion designers have their way this fall and winter, we'll all dress like we've got the Midas touch. Gold is back in a big way. Capitalizing on an era of prosperity and good times, fashion aficionados couldn't have chosen a better moment to promote the precious metal. While living lavishly is the present mood of the millennium, all that glitters and glows is at the height of fashion around the world. "Gold satisfies people's cravings for glamour," said designer Michael Kors in Vogue magazine. Haute couture creator John Galliano agrees, adding, "The spirit of gold is overt decadence." Glimmering sequin tops, liquid gold stretch T's and tanks, gold leather jackets and gold sparkled denim are just a few of the offerings you'll see in stores this month, according to the New York Times magazine. For evening, gold sizzles in dazzling looks, says Women's Wear Daily magazine. Whether it is done in rich palettes, glittering sequins or matte satin, elegant evenings are ritzy with precious metals. And don't forget the gold accessories - they're fun, flashy and fantastic. However, before you make that mad rush to your closet and start gold-digging for lamþ party dresses, chunky earrings and those five-pound necklaces you wore in the '80s, be aware that things are a little different this time around. Today's golden hue lends its elegant glow to fashion in a more deluxe, rather than domineering, style. The precious metal treatment touches almost any type of fabric from denim to leather. Metal threads are infused in textured materials like tweed, mohair or cashmere to cast a glorious gleam. The Midas touch embosses leathers, jean jackets and pants, and animal prints in many fabrications. Shoes and handbags are even gold-dusted for extra glitz and glamour. If a good gold dusting isn't the fashion designer's desire, he simply constructs his fall and winter collection in a duller version of the shiny stuff. And most fashion sources agree that the matte version of gold is extremely versatile and can be worn day and night. Mix matte gold with a rainbow of neutrals, created in luscious colors for fall like chocolate, caramel and camel. Also pair gold with colors that pop, like light turquoise blue, red and purple for an award-winning mix. If going completely for the gold (like wearing a glistening pantsuit) is a little over-the-top for your personality, try experimenting with tiny touches of the good stuff. Invest in a great set of hoop earrings, a bracelet and matching necklace. Gold jewelry alone packs a lot of panache. Don't forget about shawls and scarves with gold tones that are delicate yet bold. Drape them over any ensemble for a stylish and sophisticated look. Meanwhile, fashion forecasters say all that glitters in gold isn't just clothing and accessories. Manicurists are gilding fingers and toes across the nation with the gold stuff, according to Women's Wear Daily magazine. From the brightest gold to matte, there is a nail color to suit your fancy. Last but not least, you can catch the glow of the season on your face. While body shimmer powders, lip glosses and eye shadows are big for evening, some cosmetic counters are going as far as offering golden eyelashes and hair glitter. No matter how you weigh it, in this Olympic year, we can all go for the gold. al.com