Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (17061)	6/22/2003 3:27:58 PM
From: Kaena™	Read Replies (2) of 99280

Well do you understand it now Zeev? Sorry you missed all the huge gains in gold stocks. <Message #17061 from Zeev Hed at Dec 30, 2001 4:19 PM Kaena, any reason this time is the time that gold finally makes it through $300? I see no trigger o cause that. Surely, with the new availability of another "strong" currency like the Euro, why would money flow to Gold? Backers of the Euro "advertise" the discipline of the Euro even implying equivalency with the "discipline of gold" (absolute non sense, IMTO). Unless the US dollar drops sharply (and I do not see a trigger for that either short term, or until monthly balance of payments blows again through $40 B monthly) I see no reason to be in gold (unless you are in for a run between $270 and $285 or so...). Zeev >

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