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

To: Crimson Ghost who wrote (14771)	7/21/1998 6:21:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 116779

YES! Many of the cyclicals oil, metals, paper, semiconductors, transports have not confirmed new highs and this is showing exactly the condition of the world economy. In 87 the trannies led the way, and maybe again today. bwdik, bb One thing gold and silver has going for it is that it they have been valued as a dishrag commodity and when these precious metals return to their historic monetary status the price is gonna rock (yellow rock that is -ggg)

To: Crimson Ghost who wrote (14771)	7/22/1998 12:52:00 AM
From: cAPSLOCK	Respond to of 116779

Bobby: You would never know it from reading the popular press, but some non-gold stocks are breaking badly. Like energy service. These stocks have collapsed this year after a huge run. Some down 50% from their highs in a matter of months. A portent of things to come for the overall market? At least as bad as that is the transport sector... quote.yahoo.com^DJT&d=3m IMVHO, if it gets anywhere near 2200 it would spell dire portent for the paper markets in general. cAPSLOCK