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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.90+0.9%Nov 18 4:00 PM EST

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To: Alex who wrote (7011)1/31/1998 4:29:00 PM
From: goldsnow  Read Replies (2) of 116762
 
>>>What drives the price of gold????????????
fame.org;

Alex, very powerful piece IMO. It does undescore that not only it is
fundamentally bad for economies to hoard dollars as last resort heaven, as it can quickly turn into a real hell, but it could be suicidal and irresponsible. The drive to replace their own currency with dollar not only would be bad for the countries but is a sure
recipe to economic instability and civic discord in many countries
more so when recession hit the ultimate source of dollar-USA,
can't sell much to a poor out of work American chump..

I say beware not rouble risks, but hungry people holding roubles and rifles: They have started few bloody "revolutions" before..

"EMERGING MARKETS-Beware rouble risks, analysts say "
infoseek.com
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