Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: d:oug who wrote (23567)	7/17/2001 12:29:48 AM
From: JEB	Read Replies (1) of 34075

AG's massive interest rate hikes last year sucked a lot of the excess cash generated for y2k back into the treasury vault. Unfortunately, he over did it a bit (his outdated models and economic formulae suffered him to be blind for a while leaving our economy rudderless, at that time). We are not in an inflationary period. We are not moving into an inflationary period. Gold will see spikes at times but will travel down with the rest of the economy (or at the very least, sideways). In a recession or depression, nothing goes up long term. Only short term spikes.

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