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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.56+6.1%Feb 6 4:00 PM EST

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To: SliderOnTheBlack who wrote (67090)4/5/2001 10:25:39 AM
From: ahhaha  Read Replies (1) of 116972
 
You misunderstand O'Neill and Bush. Your only hope is in the Democrat Party. That's where the potential for inflation lies. Inflation is the only force that will move gold. It's that simple.

I don't know if you heard AG's review yesterday, but it was maybe the greatest single effort he's ever made. He defeated every protectionist inclination by Congress without slamming anyone, and he did it in a very precise and accurate way. It was the single most bullish expression for American industrial stocks in years.

If the Congress takes what AG said under advisement and I think it highly likely they will in spite of their prejudices, expectations for dollar weakness are not on the horizon. Currencies fluctuate but a correction in the dollar which is a reasonable expectation, should be used by you and others to extract yourselves from your salt mines.
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