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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (167618)5/22/2002 5:04:19 PM
From: Haim R. Branisteanu  Read Replies (2) of 436258
 
yes that was I think one remark and also some one mentioned that inflation adjusted gold price to 1980/ 1 is like $1800.

To the positive an empty headed blond mentioned that no one knows why they buy gold as there is so much around.

The interesting thing that many miss completely is that gold barely moved in euro's $316 x 0.92 = 290 so gold is more of a currency arbitrator and gold stocks have around 1 to 8 negative leverage to the USD. e.g. if the USD slips by 8% gold stock rise 68%
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