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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%Nov 11 4:00 PM EST

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To: Jim Ilchyshn who wrote (4282)12/14/1997 11:07:00 PM
From: Ron Wilkinson  Read Replies (1) of 116753
 
My friends, do not to let the theories about consumption and inflation and psychology taint your vision on the future price of gold. Governments have, can and will continue to fix the price of gold as it is their pleasure. In our life times gold has been,
illegal to own, been fixed at less than 50$ an ounce and never
allowed to go over 1000$ an ounce and this despite two world wars, oil crisis, protracted cold war, and crashes in other countries equal to
ours of '29. I too believe that gold may increase significantly in value because there is little else to turn to if the financial system comes unglued. Place not all your eggs in one basket. Regards, Ron
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