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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: Broken_Clock who wrote (424)12/14/2000 3:52:22 PM
From: ahhaha  Read Replies (1) of 587
 
The only true way to get the dollar to weaken is for the US to pursue policies which induce structural inflation. We were starting towards that in '99 and again in '00, but it's quickly deflating. Wage driven inflation is the only circumstance that will get gold to rise. Don't be fooled by the dollar correction occurring. If it had any consequence, you wouldn't see the T-Bond and Eurodollar yields dropping rapidly. That spells raw deflation and that means downward pressure on gold.
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