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

To: bobby beara who wrote (9368)	4/5/1998 12:34:00 PM
From: Enigma	Read Replies (4) \| Respond to of 116790

Bobby B - Not necessarily at all at all!! One of these days we'll see some real moves - one can get too caught up in the little picture, remember this is a thin market. These charting rules are made to be broken - if there was any certainty we'd all be very very rich. And our $1.43 junior (which one you ask?) would be worth $8!

To: bobby beara who wrote (9368)	4/5/1998 3:19:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 116790

Bobby, <<vertical corrective wave of at least 50%>> I don't necessarily agree. I would agree if it were not for the fundamentals that could move money into the safe harbor of precious metals. It may not even take a market meltdown. The precious metal market has been depressed for 10 years. That potential energy must eventually be satisfied IMO. People have doubled their money in less than 4 years in the current stock market. There should be some desire to shelter some of those gains in secure financial resources. Will everyone just trust paper? IMO when the "value" for investing in precious metals is discovered by the market herd, watch out. IMO corrections will only occur at much higher levels of XAU. The current Barron's index/POG is holding steady in the buy range.