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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: goldsnow who wrote (51489)4/14/2000 8:29:00 PM
From: Hawkmoon  Read Replies (8) of 116759
 
Let's see... Do I want gold, which continues to be sold by Central Banks, or do I want to put my money in bonds or CD that pay anywhere from 6 to 7%??

Not a very tough choice.

Higher interest rates will take their toll, especially now that Billions (trillions?) have been lost in the latest correction.

But that hardly dispells or negates the deflationary effects of E-commerce that will manifest itself over the next coming years.

Just like Y2K, this too will pass...

Just my opinion.

Regards,

Ron
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