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


To: Enigma who wrote (39864)8/31/1999 9:45:00 PM
From: Jim H  Respond to of 116982
 
thank you. am new to this thread & trying to learn a bit of how this gold market works. was lucky to buy & sell hm a couple of weeks ago & made a bit on the deal. would like to do it again. have read alot of interesting theories of what makes the price "artificially low" & so on. not being in the know, one could believe some of it. have also read & seen how interest rates affect gold. sure enough it seems true as the gold stocks bounced today as the bond yields went up again today due to inflation worries. have read that a weak dollar to the yen makes gold prices jump too. sure enough that seemed to happen also. did the yen get more valuable because the bond yield went higher so the dollar became less? also read gold lease rates are at 4% now & may go higher? there are more notes tied to this than physical gold available & if gold rises there could be a scramble to cover?
alot of questions i know. if u can, please answer some or refer me to some links so i can try to educate myself.
thank you
jim