Newmont Mining(NEM) & Newmont Gold(NGC) Message Board

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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: Cape Blanco who wrote (289)	7/22/1999 3:32:00 PM
From: ahhaha	of 587

How does gold price rise and fall simultaneously? Who in the world can see that the dollar has created this synthetic veil hiding an inflation which is so mighty that it has the power to bust the entire world. Why is it mighty? Almost everything has inflation protection. This means that its price is marked up with inflation. Has nothing to do with supply/demand. It is all due to FED interference. I estimate the exponential rate of growth of inflation due to these positive feedbacks is something on the order of fourth power of incremental change once the initiation point is reached which is not far away. You will walk into the supermarket and get a sticker price shock. It will happen very quickly. Gold and foreign currencies are now well-correlated again due to FED interference. The $C tells you what $ will do, and when it does it, M, Y, and Au, will do the opposite. The battle will then be enjoined by the world's CBs as they try to protect the prosperity. When they exhaust their foreign currency reserves the only alternative will be the beggar-thy-neighbor interest rate weapon.

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