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


To: Bucky Katt who wrote (3492)11/24/1997 12:54:00 AM
From: Gary  Respond to of 116812
 
I'm as good as anyone else at guessing where gold is going now but:

1. Dynamic Precious Metals Mutual fund are saying it has bottomed and expect $375.00 in a year. They are currently buying only the junior producers saying they are historically way undervalued. They are passing on the Barrick's and Placer's this time for that reason. Buying junior producer's like Kinross and Prime.

2. P.E.I. are not as bearish and say the silver and XAU are about to put in an important low.

3. Yager on the Elliot wave theory is saying a bottom on Tue. of this week.

I have been waiting many months to hear some consensus from the indicators, not the press, it will always come after the fact.

Fingers crossed!

Gary