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Gold/Mining/Energy : Gold Price Monitor
GDXJ 134.74-0.9%Jan 21 4:00 PM EST

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To: Crimson Ghost who wrote (61994)12/14/2000 2:45:30 PM
From: Hawkmoon  Read Replies (2) of 116898
 
The dollar index is plunging today (down about 1%).

The dollar is overvalued to the point of economic disruption. Being so high it has impacted growth companies who rely on exports overseas.

My gurus are telling me to look for a move to 106 over the next couple of months.

quotewatch.com

How the Fed manages this move back down to support should be interesting to watch.

And the question of whether it does anything for gold even more interesting... If not, watch out below...

Btw, rumours floating around about Robert Rubin AGAIN being considered for Treasury Secretary.. Would he accept?
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