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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (4418)6/27/2002 12:59:44 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 39344
 
MARKET TALK/AU-EQ:WorldCom Scandal Delays Gold Correction

Contact Us: Sydney 61-2-8235-2950; djnews.sydney@dowjones.com

1349 [Dow Jones] Some in market surprised by gold's failure to rise much on WorldCom scandal, but not everyone: Internationally-known gold analyst Pamela Aden says gold would in fact be falling if not for WorldCom woes, which putting much-needed correction on hold; "the recent buying was overdone and we have been expecting a cyclical downward move". Still believes short-term correction will unfold, with drop to near US$310/oz realistic (now around US$320.(RXM)

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