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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (331)	9/2/1999 2:44:00 PM
From: CYC	Respond to of 587

Ahhaha: Good post. I found your language clear after your 10-day absence from SI. Pretence to knowledge, that is something you stress many times. It seems to do more harm than good in the history of mankind. Welcome back.

To: ahhaha who wrote (331)	9/2/1999 4:17:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 587

If inflation is a rampant as you suggest, then why as you believe gold has not reacted to this. Was it you who not stated that gold rises during inflation? Hutch

To: ahhaha who wrote (331)	9/3/1999 1:47:00 AM
From: tshane	Read Replies (1) \| Respond to of 587

ahhaha, it appears that major corporations and the U.S. Treasury are flooding the market with debt instruments in order to raise cash in anticipation of the Y2K fear among investors and investors probable tendency to not invest and pull money out of investments as Y2K approaches. I'm assuming they want to raise cash seeing a real shortage within the next few weeks. This in itself would drive interest rates up just in competing for the cash. In addition the government is issuing billions of dollars to cover the expected demand for cash among individuals as 2000 approaches. If I were the one issuing all of this currency wouldn't it be absolutely essential that I destroy people's desire to go to any alternate medium of exchange. In anticipation of people going to gold wouldn't it behoove me to have spent the last year or two convincing people that gold is nothing more than a worthless commodity? And wouldn't it be important to be prepared to sell as much gold as is necessary to keep people seeing the dollar as the world's only medium of exchange? And unless they (FED et. al.) loose total control (global financial chaos?)gold will not be allowed to go up. Would appreciate your comments. RAJ

To: ahhaha who wrote (331)	9/5/1999 6:48:00 PM
From: Zardoz	Respond to of 587

To: ahhaha (331 ) From: Hutch Thursday, Sep 2 1999 4:17PM ET Reply # 333 of 341 If inflation is a rampant as you suggest, then why as you believe gold has not reacted to this. Was it you who not stated that gold rises during inflation? Kinda like an answer here... After all it's been my opinion that as long as the FED is behind the markets on the yield curve that does not lead to inflation. But the Fed will use monetary growth to mitigate the excesses of inflation. And the US dollars appreciation is the resultant effect of this. FED has two choices: they can either stay out of the market by muzzling the FOMC, or they can raise rates in Draconian style to 8%. They will do neither. They'll do neither because they don't have to. The market doesn't set the rates, the FED does. And the Fed has many more choices then what you preceive. Rates are primed to come down, as even the DOW markets are setting up for yet another Bull Market run. Have you been missing the higher highs, and higher lows? So tell me honestly: Do you really believe that inflation causes gold to rise? Note Gold Spot is still $254.00 Hutch