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Strategies & Market Trends : Ask DrBob

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To: Louis V. Lambrecht who wrote (46328)	10/23/2001 3:03:58 PM
From: stan_hughes	Read Replies (1) of 100058

Louis the duck - Better break out the kevlar feather vest, I see a red laser dot on your breastbone LOL Last time I owned gold was circa 1980-1981, when I chickened out at around $700 on the way up and never went back. Been watching it for re-entry for over three years now, but never found it that attractive compared to other investments. However, now that inflation is again being baked into the US $ in the name of waging and winning this war, an FA-based rise in gold seems inevitable to me. Time to scale in on this pullback IMO and just wait for the hot money of the world to find an excuse to take a powder from the greenback sometime in the next 6-12 months. The upside potential is obvious and I figure the risk is that nothing happens, but that's no different than being in the money market at these rates.

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