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Non-Tech : Deflation
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To: Rarebird who wrote (32)1/6/2000 2:23:00 PM
From: bobby beara   of 621
 
bird, i have no idea what pog will be, but i can tell you with quite certainty that the deutscemark (hence the eurodollar at parity 1:1) has made a signifcant bottom, the $USD is in trouble from both sides now.

that will mean gold will be big and $usd is whacked.

I expect the xau to break out of it's 20 year base over the next couple of years and make a mammoth move. the miners that are well managed and have great balance sheets (who doesn't who has survived this 20 year grueling bear - worse than the great depression) will be golden.

b
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