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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.98+0.6%Nov 21 4:00 PM EST

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To: Hawkmoon who wrote (37716)7/24/1999 5:32:00 PM
From: Ahda  Read Replies (1) of 116764
 
Quite i think we are going to be in mess. What in my opinion will happen is the pegging of currency is going to drive us all bats between derrivative plays and financing .

I see this more realistically than gold moving because of a world economic crisis and lask luster dollars because of the present pegging situation

I dont think in this time period we will see all countries economies fall so that all currencies are found stressing for value and gold shines.

This is what i worry about.

You might have a reverse situation where the importers are crying like crazy and the exporters demanding blood.

The drop in the baht created heck for Japan and the drop in the dollar will create heaven for many debtors but God forbid what it could create for us.
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