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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%4:00 PM EST

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To: SliderOnTheBlack who wrote (57662)8/28/2000 6:00:39 PM
From: d:oug  Read Replies (1) of 116762
 
SliderOnTheBlack,

First, please tell what your name is a reference to. Thanks.

For those items your posted, as...

"the growing account deficit could lead to a collapse
in the dollar by as much as 40%... "
"What" will trigger the spike in the POG ?
- current account deficit is a fairly reasonable
stepping off point imo; let the Gold Carry Trade
get their "short derivative" position begin to be run
& let the Middle East/OPEC countries start to hedge
what will ultimately be their declining Oil prices
being paid for by a silultaneous declining,
or even more importantly - a "collapsing" dollar
- which they WILL immediately hedge with Gold
& the short squeeze & unleashing of a ramp in the POG is born...

For me its all mumble jumble as i have no studies
formal or life in these economic matters, but i think
that if you formated the above in a short clear question
to Hutch, that Hutch will give a good responce.

Also, if you could locate the url to the following, i know of
a web site that translates text from an url to English.

Discussion du jour:
8/28 - Frankfurter Allgemeine Zeitung
- Der Goldmarkt wird von Finanzinstitutionen manipuliert

thanks
doug
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