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Gold/Mining/Energy : Gold Price Monitor
GDXJ 115.10+1.1%Dec 30 4:00 PM EST

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To: paul ross who wrote (7974)3/1/1998 1:53:00 PM
From: Francois H. Gaston  Read Replies (2) of 116836
 
Paul: if Greenspan is afraid Deflation, but in the same breath says that we have to be afraid of inflation as well... Is there any plan to devaluate the $?.... Would that lead to a "type of inflation" for us, in the US? (sorry for questions from an uneducated fellow!)
Secondly, you will see, through that link, that goldstocks did very well (percentage wise) before the crash of 1987, but dropped with the DOW crash.
If our destiny is to have a severe correction, are we not going to see the same type of gold stock drop,... or on the contrary a continued rise of gold stocks if POG rises during the crash?

Thank you in advance...

members.aol.com
(plotted stocks I owned,... with the DOW).

Gaston
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