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Gold/Mining/Energy : Gold Price Monitor
GDXJ 144.21-0.6%Jan 26 4:00 PM EST

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To: Rarebird who wrote (57231)8/12/2000 10:21:14 PM
From: long-gone  Read Replies (1) of 116922
 
<<The major problem for Gold is how on earth is the Euro going to compete with the US$$$ ? >>

1) By Getting rid of the Pound. See my post about pressure from Japan - Toyota.
2) By having all those people start using the Euro currency in day to day transactions.
3) Free market non-socialist political changes in the using countries
4) A distrust for the American administration by Europe
# 3 or number 4 will happen no matter what but not both. If US swings conserative & Europe does also, we are stuck in the same state of affairs in regard to gold
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