Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (1833)	5/8/1999 11:17:00 PM
From: Julius Wong	Read Replies (1) of 4916

Angler: Gold is more attractive in high inflation periods. Now we have low inflation, strong stock market, and strong US dollar, certainly not in the best interest of gold bugs in the US. If Mr. Greenspan keeps interest rate low, I think we'll have low inflation and strong stock market. The US dollar index is 2% above the 200 day MA. If US dollar drops 4% then gold will move up in terms of US dollars. Julius

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