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


To: PAUL ROBERTSON who wrote (65077)3/7/2001 5:05:09 PM
From: lorne  Read Replies (1) | Respond to of 116752
 
Paul. Don't recall this happening to often?

Dollar up.
charts.quotewatch.com
Gold up.
kitco.com



To: PAUL ROBERTSON who wrote (65077)3/7/2001 6:01:47 PM
From: goldsheet  Read Replies (1) | Respond to of 116752
 
> The xau could go to 100 even if the price of gold stayed at $260.

Basically what I have been saying - I'm not too excited about gold bullion, but I really do like the way gold stocks have been performing recently. Gold stocks are well postioned to move higher, without requiring a big move in bullion. Gold up over $275 (+6%) could be good for XAU over 70 (+30%) - about 5X leverage versus an historical average of 3.8X