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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.04-1.4%Nov 17 4:00 PM EST

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To: Rarebird who wrote (51024)4/2/2000 9:47:00 AM
From: Enigma  Read Replies (2) of 116762
 
Are you saying that foreigners will continue to pour money into the States if short term rates rise - even if this causes a severe correction in the market? Or will there be a flight from the dollar? Or what happens of the (official) inflation numbers increase - will investors from abroad think that rises in short term rates compensate for the prospect of erosion of principal caused by inflation? And the gold/bond chart seems to indicate that gold can do well when rates rise
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