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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Crimson Ghost who wrote (2872)11/3/2001 11:14:54 AM
From: Zeev Hed   of 99280
 
George, that is where we have been differing now for almost five years, I view gold as a commodity with no special glitter and thus slave to the same economic pressures of demand and supply. Yes, its price in Dollar terms depends on the status of the dollar relative to other currencies, but until we get back to the age of excessive deficits in our balance of payments, I do not see the dollar retrenching excessively. Actually, right no, I see the dollar strengthening mildly over the next quarter or so.

Zeev
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