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

To: J. Nelson who wrote (5130)	1/3/1998 9:25:00 AM
From: Bobby Yellin	Read Replies (2) \| Respond to of 116759

Farrell in Barron's pointed out the vaporization of about 1 trillion with the meltdown in the Asian market meltdown...still tons of money out there though to keep the bubble going. Was it E. Dirksen(sp) who said a billion here and a billion there we are talking about money..hope somebody knows the real quote..Farrell said that trillion is gone forever...not into another player's outstretched arms..the most bullish of all bullish arguments for gold..too bad he didn't draw that conclusion. (as of yet, I haven't heard of anybody throwing out their gold except maybe for Australia, and Argentina) I loved your analogy!! Please post more! Bobby

To: J. Nelson who wrote (5130)	1/3/1998 2:56:00 PM
From: Mark Bartlett	Respond to of 116759

J. Nelson, <,P.S. a move from 270 to 375 is only 40% and not a bad ROI if your looking for gains of 40% for the year to lock in on a investment. What fund would be pleased to give back just 30% for one year to it's investors?? Just about all of them.>> So many good junior gold stocks are presently way oversold - with a 40% increase in gold price - this would likely translate into a 100/200/300% increase in share price for many .... gold stocks are highly leveraged to the price of gold - and the relationship is far from linear. MB