Savanna Message Board - Msg: 5836746

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Gold/Mining/Energy : Savanna

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To: bill who wrote (124)	9/24/1998 10:56:00 PM
From: waldo	Read Replies (1) of 192

Bill, if you liked that URL...check these 2 out: * Good day for gold... I think that it may be very significant that gold had a decent day. It was up about $4 while silver was up about 10 cents. There was a story on the wire that suggested China was going to be doubling its gold reserves, if so, then we will see a real move. Remember that gold is the only currency that isn't some government's liability.* stocksite.com *GREENSPAN AND GOLD--Alan Greenspan mentioned on Wednesday that the problems in third world financial markets had essentially solved the inflation problem. If the head of the Fed proclaims that inflation is not a worry, then this is a clear signal that the Fed is not going to fight inflation, allowing commodities prices and wages to rise uninhibited. More importantly, Greenspan is giving the green light to a lower greenback, which has very bullish implications for the prices of all precious metals. * goldminingoutlook.com W

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