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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Eli74 who wrote (11419)5/26/1999 12:57:00 AM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
Eli - Re.: "...Gold bugs..."
Off topic.
As I recall, in 1994 or earlier, gold lost its position as the inflation protection. A couple of articles in Barron's reviewed traditional gold bugs frustration. Even the bond and stock markets bifurcated in the early nineties. Conventional analysis does not seem to hold. Example: How can US productivity increase without affecting inflation and unemployment? How the internet and e commerce will help the DOW to go to 41000 in the year 2008-2009? China and other East Asian countries can consume all the gold they want. some thoughts. Ram
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