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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: goldsheet who wrote (96303)11/16/2003 2:50:58 PM
From: loantech  Read Replies (1) of 116764
 
Bob,
<Goldbugs should be careful because they might just get what they wish. A huge derivative or currency collapse leading to failed insitutions and markets would actually be very negative for gold stocks and eventually for gold (as you described) A little "gloom and doom" is good for gold, but a lot is bad for everything. As previously stated, I think we are going into a more inflationary environment where good old fashioned demand will drive gold up to the next level.>

I agree 100%. People are not equipped socially, morally or in any way to go through what our parents did in the 30's with the last financial dislocation.

Good Post.
Tom
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