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


To: Crimson Ghost who wrote (60380)10/31/2000 11:43:05 AM
From: Fred Ragan  Read Replies (1) | Respond to of 116764
 
>>>Gold flat today despite dollar weakness and gold shares getting hit again. The inability to rally on a weaker dollar is quite troublesome. <<<

George, I assume that this comment is made with the understanding that the Gold
market is not manipulated. In the event that it is manipulated would that not
render moot many of the traditional relationships and indicators ?



To: Crimson Ghost who wrote (60380)10/31/2000 1:45:04 PM
From: Rarebird  Read Replies (3) | Respond to of 116764
 
George, I can't say that I'm surprised as I saw the rally fizzle out late in the session yesterday. This is why I took profits on my ABX and PDG positions. I'm still holding HGMCY(flat for me at the moment), however, as I perceive Harmony as a great value at $3.75.

The performance of the NDX (still holding all my QQQ's) tells part of the story here.