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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST

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To: bobby beara who wrote (11932)5/19/1998 11:07:00 PM
From: Terry Rose  Read Replies (1) of 116832
 
bobby, And the Swiss are buying gold cheap. You might think that this Asia mess was not accidental. Lend out huge amounts of worthless paper then trash the currency and get gold in return. Sounds like a pretty good plan.

This latest revelation that Indonesia's ruler is going to step down is just one more orchestrated act. He's going to resign within 2 years and under an election process that he will control allow the populace to elect his predecessor. Yea right. Wall Street and Asian markets bought it. The only problem is the Indonesians won't.

Greenspan takes the easy way out. For the first time I am glad he held interest rates steady. Meanwhile gold stays in a very tight range. Yea there is a plan to all of this and I believe gold is the safe haven.

Terry,
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