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To: Lucretius who wrote (44581)11/4/1999 9:58:00 PM
From: MythMan  Read Replies (1) | Respond to of 116796
 
You're evil -g-



To: Lucretius who wrote (44581)11/5/1999 7:35:00 AM
From: Zardoz  Read Replies (2) | Respond to of 116796
 
Once again Lucretius Taurus you only go to prove my opinions are correct. Following you posted links backwards:

To: Richard Harmon (43728 )
From: Hutch Sunday, Oct 24 1999 8:18PM ET
Reply # 43731 of 44590
You'd be lucky to see $310 again before the end of the year...
And even luckier to see $300 during 2000
Hutch
IMHOUR

Gold is $7 cheaper, Dow +169.39, XAU -3.93, TYX{30 yr t-bond yields} -0.262%

Gold will go higher and stocks lower once Al starts printing and thus int rates head higher and the dollar is trashed. :)

These are your words. This shows a lack of understanding as to WHAT & HOW money supply effects and affects currencies; and VIA currencies, GOLD. You make the assumption that Greenspan will print money. As I said back around Feb 99, greenspan only prints money to alleviate the appreciation of the US dollar. This is reflected in the M2 MACD rate. Every time you open your mouth you only prove me right, and you wrong. We are in a bull market. No bears. Todays data, even if negative, WILL NOT STOP a further bull market from being reborn. The ECB have taken the wrong action, and this too shall add to the fuel.

members.home.net
As I stated around Feb-Mar 99, the FRB would NOT increase M2 rates from then till after Dec 99. Back in Jan 11/99 M2 reached it's maximium M2 MACD rate. As the M2 rate falls, inflationary trends that were created in the rapid post Aug 98 increases start to show via CPI/PPI. But with the rapid decreases of M2 inflation, the true inflation rate starts to dwindle rapidly. Since the Dollar index has stablized and has started to appreciate, it becomes easy to see that the trend forward for GOLD is lower. You are confronting the point where GROWTH out paces inflation. This is inherently BAD for gold going forward to 2000.

Hutch
PS: I could look it up, but was that 5500 Dow, and $425 POG based on Dec 31, 99? Pretty sure it is. Haha ahhaha