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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Mark K. who wrote (8276)12/26/1997 10:57:00 PM
From: Mark K.  Read Replies (2) | Respond to of 14627
 
To all PFGers,

My brother ( a certified stockbroker/geologist but presently not working in these professional fields ) has been asking me if we junior gold speculators are closely following the business trends of gold as it relates to steel , wood and new car consumption as a general measure of the strength /timiing of the economy . I responded to him that I am not following these trends because junior golds companies can and will perform independently of bullion prices but of course , they are greatly influenced by them too .

I assume that if gold has bottomed this would mark a good entry point into the junior market but I am wondering if other indices would indicate otherwise ? Would our seasoned stock brokers and speculators comment ?

Mark K.