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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.68+5.0%Nov 10 4:00 PM EST

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To: Al Gordon who wrote (14355)7/10/1998 2:42:00 PM
From: Ming  Read Replies (2) of 116753
 
For a local meltdown(i.e. in Indonesia), a foreign paper like the greenback will do the job.(Greenbacks earn interest, which gold does not). For a global meltdown, only gold will. Do you see a potential global meltdown that will topple stock markets worldwide and send gold flying? Besides the worst of y2k, I don't see one just yet.
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