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

To: Dan P who wrote (10514)	4/23/1998 10:49:00 PM
From: JAS	Respond to of 116915

Daniel, you make some very valid points. I may be a way off base here, but Gold just may be the one thing with stability as we cross into a new century. With the worry about computer change over, fear that the market is out of line, uncertainty about certain world finances, Gold just may be what many turn to before we enter a new era. Middle to late 1998 could very well be the time this happens and continues well into 1999. Yes, I will buy the odd put from time to time in case I am wrong but I will be leveraged much heavier with calls as more indicators develop. Regards, Jim S

To: Dan P who wrote (10514)	4/24/1998 3:31:00 AM
From: Bobby Yellin	Read Replies (2) \| Respond to of 116915

Hi- just received this email from Steppe..haven't checked out website though Dear Sir, Gold is currently on the way up and to keep you informed, STEPPE GOLD (http://www.steppe-gold.com) has arranged a free two month trial of the VENEROSO ASSOCIATES publication 'GOLD WATCH FAX SERVICE' for people on its email list. Here are some comments from the latest newsletter: "As you well know the gold market recently made highs for the year. We have been expecting this kind of action since January 14th and believe it is a prelude for bigger things to come. Our sources tell us that a tranche of central bank selling is still hitting the market but that its weeks are numbered. A number of producers have been covering their hedges the past couple of months in anticipation of the cessation of major central bank selling. Because of the central bank selling it has been fairly easy to cover. When it ends, it could be very difficult and might produce swift upward price movement." "In our opinion the dark days of the gold market are behind us." We recommend this service to you as being one of the most informed available. ******************************************************* To subscribe: Email Bill Murphy macrogold@aol.com See their website venerosogold.com

To: Dan P who wrote (10514)	4/24/1998 11:38:00 AM
From: Dan P	Respond to of 116915

Bobby, Jim and others: I noticed today that the gold funds are now the leading sector in the year-to-date appreciation of sector funds (Investor's Business Daily), and in today's paper, several gold funds are at the top of the heap for their 4 and 8 week ranking, respectively. This includes all other types funds. Also, many of the gold funds are near the top for the 16 week rankings in performance. For example, 4 week perfor- mance ranges from 15-20 %, 8 week from 26-31 % and 16 week from 23-29 %. Year to date, the average gold fund is up around 20 %, eclipsing the technology sector for the first time this year. In the past, meaningful rallies have featured such performance, although by the time the gold funds let the parade for 39 weeks or more, the rally was over. True it was possible in 1993 to have major producers and gold stock funds double or more, but that was about it, especially since gold didn't do much except mostly go sideways. How significant the current rally is of course depends on where bullion goes. Cheers Dan