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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (37894)	7/27/1999 7:11:00 PM
From: Zardoz	Read Replies (5) \| Respond to of 116759

That means that gold priced at todays price in dollars is 4-5% cheaper than it was before the dollar fell. Gold should have climbed when the dollar corrected, but it didn't. And when the dollar rises, I kinda doubt that gold will tag along. You win Ron, nice to see that some aren't caught sleeping here. SDR {XDR} Special Drawing Rights, are a better analysis of gold, and currency directions, then just watching that US dollar versus GOLD price. And the story is showing that in the last few days that while the POG was rising or staying steady, it actually lost value with the USD {via US Dollar index} And that SDR shows it clearly. And as you say, when the US dollar index thus climbs again, the POG may very well fall much further. members.home.net members.home.net Funny thing is that many suggest that JAPAN is the largest buyer of gold. Well the price just got cheaper for them via hte yen, and yet the POG hasn't climbed. Now Ron, did we just prove GATA point of manipulation, or is it that demand of gold is really for the futures, and futures options writers. Maybe all those nice coins sales are really institutional traders changing into a more liquid format? Will we some day soon see an IPO of a tracking stock on the NYSE called {1/4} Eagle? Hutch. PS: The dollar index should rise starting today! Watch those T-bills... sometime soon Japan and Asia will face their pre-Y2K crisis of confidence, imo, and that will send money rushing for US gov't securities. Why not rushing to US securities? USA is will handle Y2K better then Japan. Me wonders if this is why Japan has taken on a zero interest rate strategy? USA M2 suggests that USA should climb from here, not fall. Although liquidity is dried up. More volatility, less chances of falling though.

To: Hawkmoon who wrote (37894)	7/27/1999 7:54:00 PM
From: long-gone	Respond to of 116759

<<Actually, I think it was kinda sneaky how they secretly took gold under $250/ounce. Think about it folks... The dollar has lost some 4-5% of its value in the past several days, yet gold has not really budged to the upside.>> Geez Ron, That sounds paranoid, welcome to the dark side.

To: Hawkmoon who wrote (37894)	7/27/1999 10:02:00 PM
From: Little Joe	Read Replies (1) \| Respond to of 116759

Have been watching the TED spread for a while now and noticed that it got as low as .40 that I am aware of and then expanded out to about .90. Don't know what if anything this means but the last time it increased (more than it has so far this time) gold did go up. Of course this could be a coincidence. You know the rooster crows every morning and begins to believe that he is making the sun come up. One thing is for sure insiders continue to buy gold mining stocks and commercials continue to accumulate. Sooner or lated something has to give. Live long and prosper, Little joe

To: Hawkmoon who wrote (37894)	7/28/1999 8:04:00 AM
From: Mark Bartlett	Read Replies (3) \| Respond to of 116759

Ron, <,Actually, I think it was kinda sneaky how they secretly took gold under $250/ounce.>> It is very clear by doing this, the economic masters of the globe are terrified of the precipitous ledge we find ourselves on at present. It is also very clear that they are trying to force people to take fiat paper to protect their capital, rather than gold. I view these developments as ominous - the longer this practice is maintained, the worse things are getting. An increase in the price of gold would be a good thing - it would suggest that the world's present economic mess is not as bad as many of us believe. If gold keeps going down, IMO we are in big trouble. MB