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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (315496)12/8/2005 4:35:28 PM
From: John Pitera  Read Replies (2) of 436258
 
you'll love this........ Q .... Are you surprised at the behavior of the euro?

Not really. It is a piece of garbage, really. There is no national treasury that stands behind it, but a committee of bureaucrats. Then there's the politics and social issues in Europe. There's a big difference in the growth rate between the U.S. and Europe, and there's a big differential in interest rates between the U.S. and Europe. Gold is going to rise against the dollar and the euro and the yen, which it has been doing for quite a while, but it has been doing it quietly, so most people aren't even aware of it.

from Barron's interview ..........MONDAY, NOVEMBER 21, 2005


Four-Digit Gold?

Interview with John Hathaway
Portfolio Manager, Tocqueville Gold Fund
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