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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: Alex who wrote (17357)	9/3/1998 5:31:00 PM
From: IngotWeTrust	Read Replies (1) of 116914

hmmm...good brain exercise, there, Alex. Frankly, I don't think gold is indicative of how well our goldilocks economy is doing a'tall. I believe its pricing is indicative of how well the EMU "project" is going. My thots surrounding "what has changed lately" is the ever present reminder that Virtual Mkts & their derivativesofderivativesofderivatives don't lay off the risks for EVERYONE...or else the losses currently being record by the globes "great banks" such as Deutsche and Citi and JP etc., really DOES come out of someone's pocket and not just an electronic debit entry. Funny how we have to learn these lessons o'er and o'er isn't it? Most BeemerBoyz traders in these current markets have forgotten the lessons learned in the Latin Am meltdown not so many years ago...and they are also not focusing on how bad the northern and southern peso truly is. O/49r

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