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Politics : Foreign Policy Discussion Thread

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To: Neocon who wrote (3401)	2/5/2003 1:18:28 PM
From: zonder	Read Replies (2) of 15987

Thanks for teaching me a new word in English, although I cannot see what is so "Vacuously, smugly, and unconsciously foolish" or "Delusive; unreal" about saying the market has seen the risk of war recede, when the USD is up, market is up, gold is down, and oil is down. While the first two might be related to a feel-good factor that might not be contradictory with a war that could win UN approval, the slide in the prices of gold and oil are unmistakable indicators of a lower risk of war. By the way, gold continues to lose value: 12:57PM Gold extends slide after Powell ends U.N. address ($GOX) by Tomi Kilgore Gold futures have extended their intraday plunge following the conclusion of Secretary of State Colin Powell's address to the U.N. April gold futures are now trading at $375.00, down $4.90 from Tuesday's close, and $15.60 below the overnight high of $390.80. The intraday sell-off is weighing on gold stocks, as witnessed by the 4.2 percent drop in the CBOE Gold Index ($GOX).

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