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

To: Bobby Yellin who wrote (4387)	12/17/1997 9:23:00 AM
From: Alex	Read Replies (2) \| Respond to of 116753

Hi Bobby. My first thoughts this morning were of George S. Cole (formerly of the Kitco thread) who has been saying for so long that the yen had to show strength against the dollar before gold would break out of the doldrums. He no longer posts there - too bad, our loss. I hope we have a good move today in gold and gold stocks, with heavy volume. Been down so long I can't get up : - )

To: Bobby Yellin who wrote (4387)	12/17/1997 9:56:00 AM
From: Jaakko	Read Replies (1) \| Respond to of 116753

Gold in terms of Yen is stable, but the U.S. dollar is dropping making the POG go up. After Japan asked Washington to help sell their treasuries, rumour is that U.S. is printing dollars by the truck load to retrieve them rather than letting them hit the street. Evidence of continued low interest rates supports this view. BTW does anybody know why the total of short positions in gold is not public info??????? We can read in the paper about the total short positions in any particular stock but gold, NO!!! How come??? Would Rothchilds have anything to do in creating this secrecy???? kitcomm.com

To: Bobby Yellin who wrote (4387)	12/18/1997 2:38:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116753

Bobby, re begining of turn? i just don't think we have seen bottom yet.bobby, i don't think we can view this move as a better japan,just a stronger(short term) yen or weaker dollar. if we really had a gold move, we would see +$15-20 in 8 hours.i think the (net)non-moving dow is starting to un-nerve a few people. if we can't see 5 days in a row up,with a new top above 8400 soon, this whole thing will get the loudest bulls running for the exit. rh