Wheaton River Minerals (WRM Toronto) Message Board

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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

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To: Michael Markham who started this subject	10/27/2000 3:37:19 PM
From: canuck-l-head	Read Replies (2) of 350

What is with guys who use gold as an economic indicator? Just a moment ago on CNBC, Ron Insana interviewed Kevin Lane of Technimentals.com. They both agreed that gold "doesn't matter anymore" when it comes to economic indicators. In closing, Kevin used a gold chart to indicate that using the past 20 years as a guage, we are still in a 20-year period of de-inflation. How can an analyst admit that gold is not an indicator any longer, then use gold to indicate economic trends?! Sigh. (And we are supposed to listen to these people?) canuck-l-head

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