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To: RetiredNow who wrote (59773)6/10/2002 2:18:06 PM
From: Dave  Read Replies (1) | Respond to of 77399
 
hey mindmeld,

But the party for gold is almost over. Take a look at HGMCY today.

For some reason, whenever Gold is trading in NY, the PoG falls and, at times, quite rapidly. One of the reasons for the PoG's precipitous decline is b/c it appears that the tensions between India and Pakistan are declining. Additionally, since the central bank of japan is defending the USD, the short term PoG movements should continue to decline.