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

To: Little Joe who wrote (5421)	1/8/1998 2:00:00 PM
From: Gabriela Neri	Respond to of 116796

Yes. I have noticed that the base metal price is putting in nominal new lows but the XAU is holding its prior low within a few points so far. I agree that it is a minor issue right now, but, worthwhile keeping an eye on for as anyone knows who follow closely the pog the gold stocks tend to lead the metal. Of course, its irrelevant anyway since to me its quite obvious that the governments will have to contain this currency crisis one way or another-its not good for the US or the rest of the world. Therefore, its just a matter of time-when a coordinated policy response will change the current panic wave situation. The trend up in the dollar is getting old-we are at the end, not the beginning.