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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (1042)	1/9/1998 10:05:00 AM
From: Gerald Walls	Respond to of 1911

Does anyone have a free quote source for gold and silver that's as good as Kitco is when it works?

To: Bobby Yellin who wrote (1042)	1/9/1998 2:16:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 1911

Bobby: Gold's failure to rally despite a soft dollar these past 2 days is quite bearish near-term. Looking beyond the very short-term, the Asian situation is the key to all of our markets -- stocks, bonds, and the dollar, as well as gold. The way I see it, the big surprise of 1998 will be that the U.S. markets will continue to hold up well as long as Asia is in trouble. But once Asia bottoms out and starts higher on a sustained basis, Dow 6,000, 6.5% long bond yields, a much lower dollar, and $300+ gold will soon follow. Why? Because the huge inflow of capital that has pushed up the dollar and bonds -- thereby limiting downward pressure in the equity market and placing heavy pressure on gold -- will reverse itself with a vengeance