Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (27610)	1/21/2003 12:00:14 PM
From: LLCF	Read Replies (1) of 74559

<I think dollar holders will have to see an actual drop in value before there is a mass exchange for gold. > My thinking as well... hence the potential [IMO] for a much higher price. In other words... you need the dollar to really scare all the folks holding them around the world which is done by a much higher price of gold for one thing [goods for another]. So by the time a mass swap occurs the POG would be forced into the thousands... it just isn't liquid enough at lower prices... as POG up... it's easier to "put money to work"- in WS jargon. Just like stocks, they'll love it @ $1200 per OZ, you can count on it. In fact it gets better the higher the price, as you know. -NG- DAK

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