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


To: PaulM who wrote (4365)12/16/1997 11:20:00 PM
From: Wade  Respond to of 116893
 
Paul,
Here is the news of falling dollar against yen:

biz.yahoo.com

Gold is trading at $287-288 right now. Are we on the move? Hey, Hey...

Sincerely,
Wade



To: PaulM who wrote (4365)12/16/1997 11:23:00 PM
From: Wade  Respond to of 116893
 
Paul,
Here is another news: Yen jumps on tax cut plan

biz.yahoo.com

Sincerely,
Wade



To: PaulM who wrote (4365)12/16/1997 11:50:00 PM
From: Richnorth  Read Replies (1) | Respond to of 116893
 
May also be due to what is called, "A Dead Cat Bounce!" Some market watchers say gold will bounce back to $300 and then drop to $250 or $200. After that it would rebound upward to ~$325-$350.