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


To: Ken Benes who wrote (29779)3/11/1999 4:14:00 PM
From: long-gone  Read Replies (1) | Respond to of 116837
 
<<To determine when fear may emerge is a futile effort.>>
I disagree - "concern & a little worry" have begun. By Y2k fear will drive sales of(mine grade) gold bars out the back door of mining companies.

For your quote "the share price always leads", that is just plain B.S. I have the history of HM stock price - all the way back. Some times it did, other times NOT!



To: Ken Benes who wrote (29779)3/11/1999 5:16:00 PM
From: long-gone  Read Replies (2) | Respond to of 116837
 
<< It is usual that the XAU leads the metal, this rally is beginning to be suspect because of the weakness in the gold stocks.>>

"usual" is just a little strong, don't you think, for something which has happened around 45% of the time. Have you looked into the entire history of any gold stock Vs price of gold Vs anything else?

Now, do you want to talk about this?:
NEXTEL COMMS A (Nasdaq:NXTL) Earn/Shr = -6.00, P/E=N/A,Mkt Cap=8.561B






To: Ken Benes who wrote (29779)3/11/1999 5:45:00 PM
From: bobby beara  Respond to of 116837
 
>>>In all probability investors in the mining companies have become so demoralized that no one is willing to committ money until gold breaks 300.00.<<<<

BINGO -G-



To: Ken Benes who wrote (29779)3/11/1999 6:41:00 PM
From: Mark Bartlett  Respond to of 116837
 
Ken,

<,It is usual that the XAU leads the metal, this rally is beginning to be suspect because of the weakness in the gold stocks. >>

While this has been generally true, it has not always been the case.

MB



To: Ken Benes who wrote (29779)3/11/1999 7:24:00 PM
From: Richard Mazzarella  Respond to of 116837
 
Ken, IMO the XAU doesn't lead the metal. In the current price range for gold the XAU is leveraged against the POG by 3. For each percent of change in POG the XAU moves approximately 3 percent. IMO if you want to play the metals do it with the XAU.