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

To: Crimson Ghost who wrote (69467)	5/18/2001 3:39:45 PM
From: long-gone	Respond to of 116758

<<The gold stocks seem to have peaked. Selling off some the last hour. And the stocks really did not do that well today considering the huge surge in bullion. So the correction may start next week instead of today. Glad I only bought a little FSAGX today. >> I'd bet the wise investors are worried about some being under water on their hedge position..

To: Crimson Ghost who wrote (69467)	5/18/2001 3:44:48 PM
From: long-gone	Respond to of 116758

fwiw BGO continues higher & might be % winner today.

To: Crimson Ghost who wrote (69467)	5/18/2001 3:47:07 PM
From: Daveyk	Respond to of 116758

Now you're thinking the way I was last Thursday.I thought it was a bear rally.I doubt anyone knows.Like a thief in the night.ggg Now I envy you guys but I do have KM and MCD helping me feel a little better.

To: Crimson Ghost who wrote (69467)	5/18/2001 3:48:25 PM
From: Stephen O	Read Replies (1) \| Respond to of 116758

Oh come on, gold has had a huge week and the day traders are taking a little profit. It's your chance to buy cheaper than 2 hours ago.

To: Crimson Ghost who wrote (69467)	5/18/2001 3:49:41 PM
From: russwinter	Respond to of 116758

Great day in the junior complex with plenty of 10-20% green, and even some 25 percenters. siliconinvestor.com Critical juncture: know your stocks, especially their hedge books. Watch out for call writers.

To: Crimson Ghost who wrote (69467)	5/18/2001 3:50:34 PM
From: yard_man	Respond to of 116758

I agree -- futures went higher than spot and stayed there --I'll ride the drop out. Still, all in all, a very nice run before the first pullback.

To: Crimson Ghost who wrote (69467)	5/18/2001 3:53:57 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 116758

Reduced CB sales - One potentially great side effect of any decent gold rally... We may finally get some public pressure on the central banks to limit their future sales. If people see inflation coming they have say what the hell is our gov doing selling all our gold. Demand has outstripped supply by 25% for the last 10 years. The real "prize" comes if CB's start to change their practice of selling their reserves. Even a small % move would have a huge impact on the market. Again, according to history CB's have always sold at the bottom and hoarded at the tops. Not saying this is going to happen, but the possibility exists. We can have a decent rally with the CB's continuing to sell their reserves. But if we get a change in gov policy (even from a few countries) then the move could be explosive.