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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (598)9/30/1998 2:58:00 PM
From: chris  Read Replies (2) | Respond to of 4467
 
Is gold down .75 or is ctv wrong? What's going on?



To: keith massey who wrote (598)10/1/1998 10:44:00 AM
From: the Chief  Read Replies (1) | Respond to of 4467
 
(EDITED)Hi Keith. Just saw something I haven't seen in a longtime! A decoupling of Gold stocks to the price of Gold!! At 10:00 this AM gold started dropping off from $3.70 to $.80 yet after the retreat, PDG/ABX started to rise. People are now talking about a "global economic meltdown" It appears people are starting to look at gold as the saviour even if it is stimulated by deflation as opposed to inflation!!

the Chief