Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: ItsAllCyclical who wrote (89949)	4/12/2001 1:01:56 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

re:World Gold Output May Plunge 35% in 8 Years, Standard Bank JimL; $hhhhhhhhh; don't tell the oldtyme diehard goldbugs like MetalTrader about that... I think "someone" mentioned the similarities here with the ?Gold Industry to the - "cure for $8 Oil - being $8 Oil" before. Kind of a Yellow/Black Gold - deja vu all over again feeling. Gold is "REAL" money; they just can't fire up the printing presses. When; not if - the US Dollar "bubble" - keyword being "BUBBBLE" - will collapse; with the same ramifications as the equity bubble had & Gold will explode... when, not if - bank on it. We may have to wait 6-9 mos, we may have to wait 2 years; but it will happen. Did anyone see CNBC's special report on the US Dollar last evening ? ... the sharpest analyst spoke directly to this point & targeted 2002 as a reasonable timeframe in which we should see the collapse of the US Dollar - BUBBLE. The other analysts mentioned all the other factors we've been talking about here for months - first & foremost being the incredible negative impact that King Dollar has on US corporate profits. When, Not if & it's no longer - "Got Gold ?" - it's now: HOW MUCH GOLD DO YOU HAVE ?

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