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Gold/Mining/Energy : KITCO - Gold discussion
GLD 457.82+1.3%Jan 23 4:00 PM EST
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To: sea_urchin who wrote (138)9/25/1998 12:56:00 PM
From: Bill Grant  Read Replies (1) of 989
 
<<However, three significant factors which I believe are necessary for a gold bull are not in place :
(1) Significant dollar weakness AND simultaneous REAL strength of
yen and Euro. In fact, the Japanese economy is still in the deep doo
doo and the Euro appears that it may not fly.>>

Searle,
I know I am dense on this, but why is it critical that there be strength in the Euro? I would think weakness would be good for gold.
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