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Gold/Mining/Energy : Precious and Base Metal Investing

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To: austrieconomist who wrote (9898)4/17/2003 12:08:08 PM
From: LLCF  Read Replies (1) of 39344
 
<Maybe, just maybe, this credit creation will instead sink the economies of the world into depression as the debt burden exceeds the capacity of individuals and corporations to pay.>

Credit can implode and disappear, money just finds a new home [in the gold market?]. It will be very interesting going forward to see how proactive the Fed is in keeping this credit [money] from imploding. The speech by 'whatshisname' is being pointed at as a watershed event by the gold bulls [me], but the timing of such intervention could prove very important as well to weak hands in the gold market.

DAK
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