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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: LLCF who wrote (88109)7/22/2002 7:08:30 AM
From: long-gone  Read Replies (1) of 116764
 
<<But is that from low rates and added debt which will implode? I'm worried about POG spiraling down as the debt in the US implodes. Comments???>>

I really don't think we'll see a full Great Depression style implosion, so I also don't expect a full scale crash in PoG. Sure, If one wants to believe there were to be a total worldwide full economic collapse, there might be maybe a crash(or at least reduction) of precious metals prices - but might not there also be a new return to at least a partial gold standard?
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