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

To: studdog who wrote (64402)	2/24/2001 7:56:57 AM
From: Richard Mazzarella	Respond to of 117047

Karl, I agree. The best thing that can happen for gold is a fed ease next week. Eventually the general stock market must be valued on P/E. The current P/E is now much greater than the market peak, there's still a lot of downside potential left IMO. Investors will then be looking for other tulips.

To: studdog who wrote (64402)	2/26/2001 12:25:31 PM
From: long-gone	Read Replies (2) \| Respond to of 117047

another sign a major change is afoot: Monday February 26, 12:11 pm Eastern Time U.S. Steel Raises Prices on Most Products By Jamie LaReau NEW YORK (Reuters) - USX-U.S. Steel (NYSE:X - news), the No. 1 U.S. steelmaker, said on Monday it will raise prices by $30 to $40 a ton effective March 1 on most of its steel products in anticipation of an economic recovery, price increases an analyst said will not stick. Pittsburgh-based U.S. Steel said it would increase its prices for hot-rolled steel by 20 percent to $40 a ton effective March 1. The company also said it would increase prices for cold-rolled and coated steel by $30 a ton on March 1. The company also said it raised prices on Feb. 11 for its plate steel products by $10 to $15 a ton. Hot-rolled steel now sells for $200 a ton and cold-rolled steel sells in the range of $380 to $440 a ton, said Waldo Best, a steel analyst at Morgan Stanley Dean Witter. (cont) biz.yahoo.com